Latest articles from Justin Pugsley

BCBS consults on Pillar 3 disclosures

Basel Committee consults on revisions to Pillar 3 disclosure requirements around areas such as credit risk, operational risk, the leverage ratio and credit valuation adjustments (CVA).

Fed’s Quarles calls for more clarity around Volcker rule

In a recent speech the head of supervision at the US Federal Reserve called for more clarity around key definitions contained in the Volcker Rule.

Fed to publish new interest rate reference rates from April

New York Fed prepares to publish new interest rate benchmarks for US dollars from April.

Japan planning shake-up of its regulatory system

Japan plans to revise its financial regulatory system to inject more competition in a move that could unleash fintech potential in the country.

Basel Committee warns that fintech will challenge conventional bank business models

Nearly every scenario shows that traditional banks will face some form of disruption from fintech, according to a report from the Basel Committee.

Senate looks set to ease rules for big banks

US Senate looks set to liberate a raft of large banks from too-big-to-fail rules by raising the thresholds from where they would apply.

OCC

Making America’s regulatory system great again

Keith Noreika, the former acting Comptroller of the Currency, talks to GRR about his time as a regulator and discusses how parts of the US regulatory system might be reformed under the Trump administration 

Brian Lynch

Industry calls for quick MiFID 2.5 to fix glitches

No sooner had the launch date of MiFID II passed and many in the industry were calling for a MiFID 2.5 to tidy up many of the Directive's lose ends

IOSCO publishes final report on liquidity for collective investment schemes

IOSCO publishes final recommendations on managing liquidity of collective investment schemes

EU CCPs shown to be resilient to multiple clearing member defaults

EU central counterparty clearing houses shown to be resilient under second stress test, which also included a liquidity component