Justin Pugsley
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....
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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