Latest articles from Justin Pugsley

Mifid, clearing houses among ESMA 2017 priorities

In its 2017 supervisory convergence work programme, ESMA is to prioritise the implementation of key regulatory texts and the oversight of clearing houses

Three of Australia’s biggest banks face capital shortfall

Three of Australia’s largest banks need to raise more funds to meet a 10% minimum common equity tier 1 capital (CET1) ratio.

NPLs and high costs threaten European bank profits

EU bank profits remain under pressure from non-performing loans and rising costs says the European Banking Authority.

Jeb Hensarling reiterates that Dodd-Frank is to be dismantled

House Financial Services Committee chairman Jeb Hensarling confirms that scrapping Dodd-Frank is a priority for the new administration.

Deadline for comments on cyber risk extended

US regulators extend cyber-risk consultation by a month.

Hong Kong closer to making senior managers more accountable

Hong Kong moves closer to making senior managers more accountable for the actions of the regulated financial firms they manage.

Cost-benefit analysis could create regular regulatory uncertainty

The cost-benefit analysis policy being adopted by the new administration for US agencies could lead to regular bouts of regulatory uncertainty.

Bank of England

Bank of England paper flags up mortgage concentration risks from standardised approach

The standardised approach for calculating risk weights might be incentivising smaller lenders to focus on high loan-to-value mortgages, says a Bank of England paper.

European securitisations rise as reforms stall

European securitisation issuance is on the rise despite regulatory uncertainty over efforts to revive the market.

European banks retreating from derivatives clearing

Pressured European banks beat a retreat from derivatives clearing and cede to US players.