Latest articles from Justin Pugsley

Basel III framework edging closer to finalisation

The Basel Committee on Banking Supervision looks closer to finalising the Basel III framework as discussions on technical issues are narrowing down

Financial reform likely to be in small steps

US financial reforms likely to be evolutionary rather than happening in a big bang moment

Emmanuel Macron

Macron to drive eurozone and regulatory convergence

France’s dynamic new president will drive greater eurozone integration and regulatory harmonisation. He also considerably increases the prospects of a hard Brexit 

Carney emphasises shift from fines to personal responsibility

Regulators should concentrate more on influencing bank cultures rather than just handing out fines.

EU financial centres warned against regulatory arbitrage

European regulators fear a race to the bottom over the application of rules as EU financial centres scramble to grab business from the City of London.

New China regulatory boss unleashes avalanche of directives

Only a few months into the job and Guo Shuqing, the chairman of the China Banking Regulatory Commission, has hurled a barrage of directives at the financial sector in a bid to curtail risks.

China turns to securitisation to help NPL clean-up

Medium-sized Chinese banks given securitisation route to help tackle non-performing loan problems.

No Basel III deal before late Summer

Protracted negotiations over finalising the Basel III framework likely to drag on until at least the summer.

US firms given extension on uncleared margin rules for Europe trades

US firms trading over-the-counter uncleared derivatives in Europe given a deadline extension by the CFTC.

Fed’s Powell calls for regulatory review

Federal Reserve governor Jerome Powell says there is a strong case to revise parts of Dodd-Frank while protecting the core of the rules.