Latest articles from Justin Pugsley

Andrew Brown

Regulators scramble towards smart financial centres

Sandboxes and hackathons are not just an opportunity for regulators to foster smart financial centres, but are also a chance for them to keep pace with the development curve. By Justin Pugsley.

Seven countries lagging behind on derivatives rules

Seven countries have been singled out by the Basel Committee on Banking Supervision for falling behind on setting up domestic regulatory frameworks for uncleared over-the-counter derivatives.

EY survey uncovers troubling ethical attitudes within firms

A survey by EY has found troubling attitudes towards corruption among senior managers and younger employees.

European banks could face €120bn gap on Basel requirements

McKinsey & Co has found that European banks face a massive capital shortfall if new Basel and accounting rules are implemented unchanged.

Infrastructure, green and risk finance to relaunch CMU

Infrastructure, green and risk finance targeted to underpin the launch of the EU’s capital markets union.

UK-located banks told to plan for hard Brexit

Not all financial institutions operating in the UK appear to have planned for the hardest of Brexits, so the Bank of England has asked that they plan for that eventuality as well.

Libor scandal threatens to resurface around Bank of England

Senior UK opposition politician calls for Bank of England to be investigated for its role in allegedly helping to fix Libor.

Repo markets could do with more central bank support

Central banks should do more to support repo markets as supply of high quality securities dries up.

Leading Republican and Democrat trying to forge fintech bill

Republican to make another attempt at introducing financial innovation act in US congress to support fintech.

Housing finance transformation to follow tax reforms

The US administration wants to target reforms for Freddie Mac and Fannie May once taxes are sorted out.