Latest articles from Justin Pugsley

EU equivalence rules face shake-up

EU equivalence regime is likely to be re-examined as it is several years old.

EBA aims to launch bank stress tests at start of 2018

The European Banking Authority sets tentative time table for bank stress tests.

China regulators determined to tighten rules

China’s regulators are talking with more determination about clamping down on the rapid rise of shadow banking and closing regulatory loopholes.

FDIC ponders interest rate risks for banks

FDIC is concerned over impact of rising interest rates on the quality of bank loans.

Time to change Volcker Rule says BoA CEO

Bank of America CEO calls for Volcker Rule revisions

SIFI designation process under Republican attack

Republicans take aim at the Financial Stability Oversight Council and its systemically important financial institutions designation processes

World’s top banks fined $321bn since 2008

Global banks have paid out $321bn in fines and have been subject to ever tighter rules since 2008 with little prospect of much relief going forward   

Jason Waight

MiFID II rollout causes headaches across the market

The deadline to comply with the Markets in Financial Instruments Directive II is fast approaching, leaving market participants in a heightened state of anxiety because much of the framework still needs to be properly clarified. By Justin Pugsley.

High leverage ratio not a cure for bank failures

Measures such as a high simple leverage ratio proposed in the Financial CHOICE Act would not prevent bank failures, according to a study conducted by Fitch Ratings

PCS launches new securitisation risk transfer label

The Prime Collateralised Securities (PCS) Association launches new risk transfer label for securitisations.