Latest articles from Philip Alexander

Call for more data on securities financing

The Financial Stability Board is devising a process to standardise the collection and global aggregation of data from a key element of shadow banking activities.

Pause for thought on reinsurance systemic designation

The Financial Stability Board has postponed designating reinsurers as global systemically important financial institutions, pending further work on designation criteria.

European benchmark reform gathers pace

The European Parliament will resume discussions of a comprehensive EU regulation of financial benchmarks, but current proposals will need refining.

EU considers US-style money fund reform

The European Parliament rapporteur for money market fund reform wants to create a new category of government bond funds.

ECB urged to look at sovereign concentration

Jens Weidmann of the Deutsche Bundesbank wants an end to zero-risk weighting for bank holdings of sovereign debt in the eurozone, but the costs of this transition could be high.

Call for stronger EU resolution regime

A committee of financial academics has called on European leaders to reduce ambiguities over who has the power to resolve failing banks in the eurozone.

Focus turns to equity in final drive to end 'too big to fail'

Mark Carney 167x96

A dispute between the US and EU over bail-in debt has forced the Financial Stability Board to change tack on cross-border resolution.

Asset managers resist SIFI designation as attention to shadow banking intensifies

Jon Cunliffe

Regulators have identified asset management as a potential source of systemic risk, but the industry insists there should not be an entity focus.

Europe delivers securitisation boost, but at a price

BMW car plant

The European Commission has eased rules on securitisation for banks and insurers, but may have neutered bank liquidity regulation in the process.

Stress test shines light on single supervisor priorities

Stress test shines light on single supervisor priorities

While the results of the European Central Bank's comprehensive assessment delivered few surprises, they highlighted areas where the bank will need to improve supervision and financial reporting.