Reports suggest the UK Treasury and the Bank of England have fallen out over the direction of UK rule-making post-Brexit
US committed to working with other jurisdictions over bank resolutions
The US remains committed to working with other jurisdictions over bail-in concepts for very large banks
Fed governor brands cryptocurrencies as innovative, but challenging
Federal Reserve governor brands cryptocurrencies as innovative, but US regulators remain sceptical over their use and potential to be abused
Growing urgency to tackle regulatory fragmentation
Global regulatory frameworks were designed to improve financial stability and create common approaches to managing risk, but the reality is their implementation is potentially undermining those aims, at great cost to financial institutions. By Justin Pugsley.
Kenya seeks to regulate fintech lending boom
Kenya is seeking to stop fintech firms from getting around the rules designed to prevent extortionate interest rates levels. Justin Pugsley reports.
UBS hires former European Commissioner to advise clients on Brexit
UBS hires former financial services European Commissioner to advise its clients on Brexit-related issues. Justin Pugsley reports.
ICMA appoints new chair and board
ICMA appoints a new chair and board members, following its 50th annual general meeting in Madrid. By Justin Pugsley.
Fed consults on Volcker 2.0
The five agencies that oversee the Volcker rule have proposed a range of changes that would significantly reduce the regulatory burden for banks forced to comply with it. Justin Pugsley reports.
China rearranges regulatory furniture to tackle fast evolving financial sector
China has rearranged its regulatory furniture in the face of an increasingly opaque and complex financial system. But is it enough to secure financial stability?
News report claims FDIC put Deutsche Bank unit on problem list
News report suggests FDIC has placed Deutsche Bank’s US unit on a problem watch list
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