Latest articles from Justin Pugsley

ISDA and Markit look to settle CDS investigation

European Commission seeks views on proposed changes to certain swaps contracts put forward by the International Swaps and Derivatives Association (ISDA) and financial information group Markit.

Five big US banks fail ‘living will’ test

Five systemically important US banks told to redo their 'living wills' by October 1 as they were found by regulators to be riddled with errors and inconsistencies. 

Industry bodies push to simplify derivatives trade reporting

ISDA leads call to simplify derivatives trade reporting to make it simpler, cheaper and easier for regulators to home in on potential systemic risks.

SIFI regime hangs in the balance after MetLife victory

MetLife court ruling over SIFI status throws down the gauntlet to US policy makers to preserve a key part of US regulatory reforms.

New bank standards launched for measuring interest rate risk

Despite the reluctance of the Basel Committee on Banking supervision over internal models, it has relented when it comes to measuring interest rate risk in the bank book due to the sheer diversity of loan types and bank business models.

Leverage ratio subject to more consultation

Regulators could be set to raise the leverage ratio for big banks, but have made some concessions on derivatives exposures.

Fed consults on G-SIB surcharges

Fed consults on amendments to capital surcharges on big banks and qualified financial contracts.

US regulators propose net stable funding ratio rule

US Federal Reserve consults on the introduction of a net stable funding ratio rule for globally systemically important banks.

Olaf Struckmeier

CoCo volatility threatens bank regulatory capital targets

Extreme volatility in the securities market has called into question the ability of some European banks to meet stringent loss-absorbing capital requirements by 2019.

EIOPA publishes macro-prudential approach to low interest rates

European insurance regulators have been given a number of suggestions to safeguard the robustness of insurance businesses in the face of persistently low interest rates in a paper by the European Insurance and Occupational Pensions Authority.