Latest articles from Justin Pugsley

EU flags

EU needs ‘big bang’ approach to NPLs

A committee of academics advocates for EU authorities taking quick and decisive action to clean up non-performing loans and to provide some debt relief to struggling member states

China’s regulators step up clamp down on high risk lending

In a bid to clamp down on risky lending practices Chinese regulators are sitting in bank branches to learn more about their lending practices

CFTC promotes changes to swaps rules to include internal models

The CFTC recommends making significant changes to the US regulatory regime governing swaps and derivatives, even allowing for the use of internal models

US Treasury official advises against rushed implementation of NSFR and FRTB

US Treasury official warns against rushing into implementing Basel liquidity and bank trading book rules

FSB publishes second consultation on UPIs

FSB publishes second consultation on UPIs as it seeks comment on governance arrangements for the identifier, which helps with aggregating reports from OTC derivatives markets

Bank of England confirms reforms of Sonia interest rate benchmark

After some final tweaks, the Bank of England has declared its reforms of the Sonia sterling interest rate benchmark as complete.

PRA's 2018/19 priorities are Brexit and financial resilience

The PRA said in its 2018/19 business plan that financial resilience and managing the UK’s exit from the EU are its two main priorities

Basel Committee discusses members’ Basel III implementation plans

Basel Committee publishes notes of its March 15-16 meeting, which included discussions around assessing the consistency of members’ implementation plans of the Basel III framework

ESMA caps hit dark pool trading

ESMA moves to cap trading on dark venues for equities in a bid to maintain market transparency.

High court judgement potentially narrows whistleblower protections

A high court judgement could reduce protection under the Dodd-Frank and Sarbanes-Oxley acts for whistleblowers to report suspected violations of securities laws, such as insider trading. By Justin Pugsley.