Justin Pugsley
November 16, 2022
The quantum threat to financial services
Quantum computers could pose an existential threat to the heavily used encryption solutions that underpin the internet, including activities such...
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November 16, 2022
FSB warns G20 that co-operation as important now as after global financial crisis
The Financial Stability Board (FSB) warned the G20 in a letter dated November 11 that vulnerabilities in the financial system...
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November 16, 2022
FSB warns over financial stability risks related to withdrawing economic support measures
When jurisdictions amend or exit economic support measures they should take into account the potential for negative spillovers that could...
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November 16, 2022
Fed gears up to ensure banking system can withstand new threats
These new threats include heightened geopolitical tensions, high inflation, economic slowdowns, crypto developments and the Covid-19 pandemic. Mr Barr explained...
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November 16, 2022
CFTC launches two consultations on reporting and substituted compliance
The first covers proposals on reporting and information requirements for derivatives clearing organisations (DCOs). In particular, the CFTC is looking...
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November 16, 2022
CFTC thanks UK’s FCA for co-operation on investigation
The UK Financial Conduct Authority (FCA) has been praised by the Commodity Futures Trading Commission (CFTC) for helping it in...
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November 1, 2022
FSB consults on cyber incident reporting
Growing geopolitical risks and interconnectedness within the financial system is exposing the industry to greater risks of disruptive cyber events,...
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October 31, 2022
US dollar does not need a CBDC to maintain its global dominance
The role of the US dollar is so dominant and rooted in economic and financial factors that it does not...
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October 28, 2022
Reducing liquidity demand key to taming bond market volatility spikes – FSB
In a report published on October 20, the FSB said changes in core government bond markets may have made them...
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October 27, 2022
UK pensions ‘time-bomb’ sounds global financial stability warning
Severe volatility in the UK’s government bond (gilts) market triggered by the unravelling of a pension fund investment strategy is...
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October 27, 2022
Banks turn to increasingly sophisticated technology to fend off hackers
The battle between hackers and banks is very unequal, with the former often able to perform their attacks anonymously at...
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