Latest articles from Justin Pugsley

CFTC delays oversight of small swap dealers

The Commodity Futures Trading Commission delays overseeing smaller swaps firms by one year. 

The EU’s Basel revolt heats up

The EU and the Basel Committee on Banking Supervision appear to be heading for a big falling out. Both sides may need to compromise to preserve the global framework for banking regulation.

China bad loan problem might be 'understated' says PBoC adviser

A People’s Bank of China adviser says the scale of the country’s non-performing loan problem could be underestimated due to overly narrow definitions. Justin Pugsley reports.

Transaction tax debate refuses to die down

Having failed to impose a financial transaction tax at an EU level, Germany is now looking to make it a global initiative. Justin Pugsley reports.

European Commission prioritises capital markets union

The capital markets union has received a boost as top European Commission officials push for its implementation – despite the UK’s vote to leave the EU, reports Justin Pugsley.

European banks increasingly future-proofed for new rules

The European Banking Authority (EBA) has found that European banks are increasingly able to comply with yet-to-be-implemented prudential rules. Justin Pugsley reports.

FRB discusses activation of countercyclical capital buffer

The Federal Reserve Bureau has revealed how the countercyclical capital buffer (CCyB) could be deployed. Justin Pugsley reports.

Republicans attempt to modify Dodd-Frank

Republicans take another swipe at the Dodd-Frank act in a bid to modify it, reports Justin Pugsley.

Ghazi Abu Nahl

Smaller emerging market banks face marginalisation from global financial system

Banks based in some smaller developing countries are being steadily frozen out of the global financial system due to rules for curbing money laundering and funding terrorism – an unintended consequence, which needs addressing according to two recent reports

Model risk likely to become a bigger priority for supervisors - ORX

Model risk could emerge as a bigger priority for supervisors as global regulators drive for more standardised approaches, which could have unintended consequences