Justin Pugsley

BRR fallback image
Markets
January 26, 2023

Crypto's advance already threatening some developing countries

Emerging market countries face growing financial threats to their banking systems and monetary sovereignty from the crypto-isation of their economies....
Read more
BRR fallback image
Markets
January 25, 2023

ESMA advises use of DTIs as part of its digital asset reporting pilot

Market participants are being advised to use digital token identifiers (DTIs) by the European Securities and Markets Authority (ESMA) in...
Read more
BRR fallback image
Markets
January 24, 2023

Some US banks too big to manage and could be broken up

Some US banks are so large now that they could be too big to manage (TBTM) and therefore may need...
Read more
BRR fallback image
Markets
January 24, 2023

EU banks update their SREP requirements

A sample of 17 of the EU’s largest banks by rating agency Scope Ratings found that six had to increase...
Read more
BRR fallback image
Financial Stability
January 24, 2023

DSB to detail UPI work timelines in March

In March, the Derivatives Service Bureau (DSB) is set to publish its timetable for its work around producing the critical...
Read more
Climate
January 23, 2023

Rush to phase out fossil fuels could trigger financial instability

Policy-makers are making a concerted effort to steer the financial sector away from supporting fossil fuel producers, creating opportunities for...
Read more

Continue reading

Blue chains in cyberspace on black
Digital & Resilience, Operational Resilience
January 16, 2023

Banks probe deeper into their supply chains to keep regulators onside

Discussions around operational risk are rippling further down bank supply chains due to regulators taking more interest in resilience as...
Read more
BRR fallback image
Markets
January 6, 2023

OFR proposes more data from opaque segment of US repo market

The largest institutions should submit daily data on all their outstanding non-centrally cleared bilateral repurchase agreement transactions (NCCBR), according to...
Read more
BRR fallback image
Markets
January 6, 2023

Basel Committee brings clarity to crypto, but bankers disappointed

Banks now have a much clearer view over how they can interact with crypto-assets following the Basel Committee on Banking...
Read more
In its third evaluation report on the global crisis financial reforms, the Basel Committee on Banking Supervision said bank resilience has increased with even greater strides seen from firms most impacted by the reforms helping to reduce systemic risk. 
Capital, Prudential
January 4, 2023

Basel Committee finds Basel III has boosted resilience of previously weak banks

The report, published on December 14, is also the Committee’s first holistic evaluation of the impact and efficacy of the...
Read more
BRR fallback image
Markets
January 4, 2023

FSB concerned about CCP and insurer resolution risks

Urgent work is needed to plug holes in global financial regulatory frameworks to stave off a potential crisis emanating from...
Read more
Prev
1 2 3 22