Latest articles from Justin Pugsley

Apra releases paper to help with Bear compliance

Apra releases guidelines to help banks embed the country’s accountability regime into their everyday practices to improve conduct.

US agencies consult on use of SA-CCR approach for measuring derivatives exposures

US agencies consult over the use of SA-CCR for calculating derivatives exposures

FDIC chair says international cooperation essential for resolution planning

In a speech, the FDIC chair said the US regulators are committed to redoubling efforts to foster international regulatory cooperation with regards to resolution planning for G-SIBs

Tony Rooke

Climate change rises to become a systemic risk

Financial risks relating to climate change are rapidly becoming an important consideration within banks thanks to the TCFD, whose recommendations are starting to drive change in lending policies. By Justin Pugsley.

Struggling eurozone states should get debt relief as part of reform package

ESFRC calls for struggling eurozone members states to receive debt relief and a recapitalisation of banks with high levels of non-performing loans in exchange for reforms

Fed proposes placing banks into four risk categories

US Federal Reserve proposes classifying big US bank into one of four risk categories resulting in significant regulatory relief for the lowest risk banks while G-Sibs would see little change.

Positions harden over exchange data fees

War of words heats up over exchange data fees as SEC choses not to rule on whether they are excessive or not

Flurry of optimism over looming Brexit deal quickly recedes

There was a brief flurry of optimism that the EU and UK were close to clinching a deal on their post-Brexit relationship, and though many of the obstacles appear to have been overcome, both sides downplayed the reports

Major EU lenders pass stress tests, but with some surprises

Tough stress tests show that Europe’s largest lenders can stomach considerable economic pain with the most surprising outcome being the poor performance of two UK banks

ANNA sets up benchmarks task force to help develop identification codes

The Association of National Numbering Agencies is working with benchmark administrations to find ways to help with market adoption of identification codes