Latest articles from Justin Pugsley

Standard setters provide guidance on non-UTI and UPI data for OTC derivatives

IOSCO and the CPMI publish guidance for regulators on non-UTI and UPI data elements for OTC derivatives reporting

Associations publish white paper on post-trade risk reduction benefits

Four trade associations are pushing for recognition of post-trade risk reduction benefits in the EU’s clearing obligation

Eurozone emergency liquidity measures not fit for purpose

ECB vice president says eurozone’s emergency liquidity measures for failing banks is not fit for purpose

FSB signals pivot in priorities towards implementation

FSB pivots its priorities in post-crisis world towards implementing standards rather than coming up with new policies.

MAS reshuffles senior management team

The Monetary Authority of Singapore is to reshuffle some of its senior management team, effective from June 1

ISDA elects new board members and broadens CCP representation

The ISDA has announced four new appointments covering three geographies to its board and broadened CCP representation

Strong regulatory buffers for big banks crucial to stable economic growth

A member of the board of governors at the US Federal Reserve warned at a conference over tweaking regulations too much for fear of exacerbating  pro-cyclicality

Senate and House could soon sign off on bill to ease bank rules

The US Senate appears to be close to reaching an agreement with the House of Representatives, which would ease rules for smaller to medium sized banks  

EU-UK to create Brexit markets task force

UK and eurozone central banks form working group to find ways to deal with financial markets in event of a hard Brexit

New York Fed fixes ‘mistakes’ in SOFR benchmark

New York Fed finds that forward-settling overnight Treasury repo transactions were inadvertently included in SOFR benchmark.