Latest articles from Philip Alexander

Warm welcome for new rules fails to quell sovereign restructuring debate

Axel Kicillof

Investors have accepted new bond documentation clauses designed to ease a sovereign debt restructuring process, but some governments want more.

Operational risk weights under review

The Basel Committee has launched a consultation for an amended simpler approach to calculating operational risk-weighted assets.

Europe reconsiders money market fund plans

The European Parliament's new rapporteur is revisiting the idea of a capital buffer for money market funds.

European Parliament to scrutinise stress tests

Parliament's economic and monetary affairs committee has commissioned two reports that question the failure of the stress test to take account of systemic risk.

Haircuts raised for repo collateral

The Financial Stability Board also wants to extend rules to include non-bank to non-bank transactions.

Chinese insurers step up shadow banking exposure

China flag

China's insurance regulator has allowed insurers a new channel to invest in alternative credit assets, raising concerns that shadow banking risks will grow further.

IAIS pledges consultation on procedures

The International Association of Insurance Supervisors has responded to criticism of plans to exclude observers from committee meetings.

Emerging economies watch FSB reform proposals

The Financial Stability Board has raised the hopes of emerging market authorities that it will pay greater attention to their priorities.

European insurers push for clarity on group supervision

A leading insurance industry body fears guidelines for Solvency II will undermine the benefits of group supervision for European insurers.

IAIS prepares next steps after completion of basic capital requirement

Peter Braumuller

The International Association of Insurance Supervisors has published its new rules for global insurers, but they may yet be superseded.