Latest articles from Simon Turmaine

Email News Service September 2013: G20 leaders seek to avoid conflicting financial rules

St Petersburg, Russia, September 6 (Global Risk Regulator) - World leaders renewed their determination on Friday to work more closely and regulate across the financial system to avoid conflicting rules that would crimp economic growth, Reuters news agency reported from the St Petersburg G20 leaders’ summit which ended today.

Email News Service September 2013: FSB’s Carney warns on regulatory fragmentation

LONDON, September 2 (Global Risk Regulator) - The world's banking system risks fragmentation that could hurt growth if countries cannot settle their differences over how to handle big banks that run into trouble, according to a top policymaker today.

Email News Service July/August 2013: US needs analytical approach to systemic risk

BASEL, Switzerland, October 27 (Global Risk Regulator) – The United States needs to develop a more systematic, analytical and transparent approach to coordinating work to tackle systemic risk, global regulators said today.

Email News Service July/August 2013: Regulators propose non-bank resolution regime

BASEL, Switzerland, August 12 (Global Risk Regulator) – The nine insurers recently named as big enough to pose a potential threat to global financial stability should be subject to a resolution regime, or winding up plan, similar to that for banks, global regulators proposed today.

Newsletter July/August 2013: Naming systemic insurers fires up new controversy

The much-delayed list of G-SIIs has finally been published to a mixed reception. Can insurers really be a systemic risk?

Newsletter July/August 2013: Trying to fix a problem from opposite ends

Latest proposals from IASB and FASB for insurance accounting have much in common, but key differences remain

Newsletter July/August 2013: Leverage rule moves centre stage as US hikes ratio

Regulators propose Basel-plus leverage ratio for America’s mega banks. Bankers fear unilateral move undermines global consensus By Melvyn Westlake

Newsletter July/August 2013: EU-US derivative regulators pull back from the brink

Transatlantic derivatives deal hailed as significant milestone. Concerns remain, with further negotiations ahead to thrash out details By David Keefe

Newsletter July/August 2013: Stage set for new battles over EU bust-bank regime

Ministers finally hammered out deal on resolution and recovery directives. Now they must reconcile differences with lawmakers By Melvyn Westlake

Newsletter July/August 2013: Plan for failing eurozone banks hits stiff resistance

EU proposal for a Single Resolution Mechanism, key pillar of bank union, is unlikely to get legislative approval in present form