Latest articles from Simon Turmaine

Newsletter March 2011: Uncertainty and doubts over hybrid capital rules

Regulators are mulling new financial instruments such as Cocos and bail-in bonds. Bankers, market participants split over them By Melvyn Westlake

Newsletter March 2011: A win for BaFin in German supervision turf battle

Not long ago some in the Merkel coalition wanted to “tear down BaFin.” Today under draft supervision reforms, it gets a wider role By Klaus Engelen

Email News Service March 2011: EU insurers urge corrections to Solvency II after QIS5

BRUSSELS, March 14 (Global Risk Regulator) – Essential corrections must be made to Europe’s planned Solvency II safety regime for insurers, despite the insurance industry’s successful performance in a key test of the rules, industry representatives said today.

Email News Service March 2011: Bankers attack G20 impasse as regulator urges action

LONDON, March 4 (Global Risk Regulator) – As a top global regulator said more needs to be done to improve the world’s banking system, leading bankers warned today that new rules could undermine basic banking services and that the G20 had reached a “serious impasse”.

Email News Service Feb 2011: G20 frustrates French ambitions on commodities, monetary system

PARIS, February 21 (Global Risk Regulator) – France was frustrated in moving forward with two of its Group of Twenty priorities – greater regulation of commodities and reform of the international monetary system – at a strained meeting of the finance ministers and central bankers of the world’s leading economies over the weekend.

Newsletter February 2011: Doubts remain over moves to accounting convergence

Fed foresees common standards this year; FASB change of heart pleases bankers but experts say there’s still no meeting of minds By David Keefe

Newsletter February 2011: G20 divided over curbs on commodity speculation

French moves to regulate food and raw material markets are strongly opposed by exporters fearing price distortions, reduced investment Measures proposed by French president Nicolas Sarkozy to curb speculation in commodity markets are meeting strong opposition from commodity exporting countries such as the US, Canada and Brazil.

Newsletter February 2011: Economists make case for doubling Basel III capital

Benefits of significantly higher capital ratios outweigh the costs, according to new analysis released by the Bank of England By Melvyn Westlake

Newsletter February 2011: Basel III impact on trade finance under scrutiny

G20 summit leaders have put trade finance for low-income countries on Basel regulators' agenda. Low risk not recognised By Andrew Cornford

Newsletter February 2011: New MiFID regulations face barrage of criticism

EU Commission’s high-profile review of securities markets is slammed for being rushed and insufficiently evidence-based By Melvyn Westlake