A report by Duff & Phelps shows how regulators in the US, the UK and Hong Kong are increasingly targeting individuals for prosecutions rather than just firms as conduct issues rise up the regulatory agenda. Justin Pugsley reports.
China ramps up measures against illicit shadow banking
China is set to unveil more measures as it cracks down on illicit shadow banking activities, reports Justin Pugsley.
ISDA calls for English courts to rule on derivatives post-Brexit
ISDA is urging that cross-border euro derivatives contracts remain subject to English law after Brexit. Justin Pugsley reports.
US allegedly threatens financial regulatory cooperation with EU
A German magazine has suggested the US threatened to stop financial regulatory cooperation with the EU ahead of G20 talks, reports Justin Pugsley.
New tech could give developing countries a compliance lead
Stunning advances in technology and a lack of legacy systems could see some emerging market financial regulators leapfrog their peers in advanced countries in areas such as combating money laundering. By Justin Pugsley.
Nigeria’s first ‘diaspora bond’ drives cross-border regulatory innovation
Lawyers Whitney Debevoise and Jeremy Willcocks, partners at Arnold & Porter Kaye Scholer, explain how Nigeria's first ‘diaspora bond’ is driving regulatory innovation around areas such as drafting prospectuses designed for low-denomination debt securities aimed at multiple markets.
Fed’s Fischer voices concerns over direction of US regulation
Federal Reserve vice-chair Stanley Fischer has expressed misgivings with the US administration’s attitude towards regulatory reforms. Justin Pugsley reports.
Nasdaq lobbies EC to rectify ‘unfair’ SI advantages
The US exchange is urging the European Commission to re-examine rules on systematic internalisers, saying they enjoy unfair advantages over other trading venues. Justin Pugsley reports.
Alternative lenders emerge from the shadows
As banks have retreated from lending following the financial crisis, new types of alternative lender have sprung up, often with more innovative offerings. Their growth is likely to attract increased regulatory interest. By Stephen Surgeoner, partner at Dechert LLP.
UK plans to extend the senior managers & certification regime
The Financial Conduct Authority wants to extend the senior managers & certification regime to many more UK-based financial firms. Fortunately, many of the earlier wrinkles in the regime have been ironed out and the regulator is proposing to apply it proportionately. Justin Pugsley reports.
Most Viewed
- EMIR REFIT has potential to trigger unintended consequences
- The return of geopolitics will cause global banks considerable headaches
- Could an outcomes-based approach heal regulatory fragmentation?
- The PRA’s demanding liquidity framework is a commercial opportunity
- Link between sovereign debt and bank solvency must be cut
@RiskRegulator
