Latest articles from Justin Pugsley

Bank of England

Quest for Libor alternatives grows more urgent

Regulators are struggling to find LIBOR alternatives, though there are hopes that replacements will emerge this year.

Singapore skyline

Singapore takes pragmatic approach to fostering fintech

Singapore takes fostering fintech seriously and does so by taking a pragmatic and balanced approach ensuring that new ideas are not prematurely snuffed out by overly burdensome rules.

CFTC’s Giancarlo dismisses March derivatives deadline

CFTC commissioner warns that new rules are undermining uncleared derivatives trades and draining liquidity from secondary markets

RBS

Bank of England stress tests widely seen as credible

The Bank of England stress tests were seen as tough enough to be credible, but still drew criticism from some quarters.

Carney,-Mark-FSB

TCFD aims to harmonise climate change risk disclosures

A big part of formulating climate change policy is having the right information. A task force led by the Financial Stability Board hopes to provide just that, following the release of a voluntary financial disclosure regime for publicly listed companies. 

Three strategies for firms to deal with financial regulation in 2017

This year is set to be crucial in terms of regulation. David Strachan and Scott Martin of the Centre for Regulatory Strategy at Deloitte outline three strategies financial firms can use to help ensure they stay on top of coming changes.

EU global banks see increase in CET1 capital

EU globally systemically important banks saw their highest rise in common equity tier 1 capital in Q3 2016 for two years, largely thanks to reductions in risk-weighted assets

France hikes share trading tax while Taiwan cuts

France and Taiwan go in opposite directions on share trading taxes

HKEx to introduce volatility ‘brake’

HKex to introduce mechanism to control excessive volatility of futures contracts

UK financial services fines fall to lowest since 2007

UK fines levied on financial institutions fall to lowest level since before the financial crisis