Latest articles from Justin Pugsley

Jeb Hensarling

How CCAR might be re-shaped under Trump

Everything is up in the air for the US regulatory system, particularly given the the new administration’s promise of deregulation. As a result, the annual stress tests are likely to see changes because they are blamed for forcing banks to hoard excessive capital. By Justin Pugsley.

Niall Bohan

Corporate bonds to play big role in creating CMU

A senior European Commission official emphasised to AFME conference delegates the EU’s determination to establish a successful capital markets union. 

ESMA seeks to close MiFID II trading loophole

ESMA has asked the European Commission to close a MiFID loophole concerning non-regulated platforms.

Geert Wilders

The Barbarians within the EU’s gates

Europe will very likely escape a big electoral upset this year, but that doesn’t mean the problem goes away. If populism is left unaddressed it could wreak havoc on Europe and its banks. 

MiFID, clearing houses among ESMA 2017 priorities

In its 2017 supervisory convergence work programme, ESMA is to prioritise the implementation of key regulatory EU texts and the oversight of clearing houses.

Supervisors show flexibility over OTC margin deadline

Supervisors have acted to preserve orderly OTC non-cleared derivatives markets by granting variation margin reprieve for smaller financial firms. By Justin Pugsley.

Alan Houmann - Citi

Global banks spooked by regulatory fragmentation fears

Institutions fear that global regulatory frameworks, which make it easier for them to operate internationally, may be under threat as a result of growing nationalism. By Justin Pugsley.

Sam Theodore-Scope Ratings

Italy bail-outs complicate Europe’s resolution plans

Concern is growing that the drawn-out and politicised process of sorting out Italy’s banking crisis could undermine the EU's bank recovery and resolution directive. By Justin Pugsley

Committee determined to finalise Basel III rules

The Basel Committee on Banking Supervision is still trying to finalise the Basel III framework amid European pushback and changes in key US personnel.

LSE Deutsche Börse merger stumbling

The proposed merger of the London Stock Exchange with Deutsche Börse appears to be stumbling amid Brexit concerns and EU competition demands.