Over the past two years banks have been hit by a huge wave of litigation relating to residential mortgages, interbank rates, consumer insurance and money laundering. Though lenders have largely managed to absorb the costs fairly easily, it seems that the regulators are not quite finished when it comes to dishing out fines.
Latest articles from Regulation
The Court of Justice of the EU's rejection of British attempts to appeal against a European short-selling ban could signal a new degree of harmonisation on financial regulation.
The European Commission's proposed update to the Payment Services Directive will allow third parties to penetrate banks' security firewalls, which is leaving banks understandably nervous.
Senior executives are changing the way their organisations work in an effort to move from merely complying with new regulations to defining how the bank of the future will look.
European regulators have been trying to create resolution and recovery frameworks that will enable them to wind down failed banks without using taxpayers’ money. So far, they have not succeeded. But few bankers are quibbling with the progress made.
Banks, regulators and consultants are all trying to preserve a Basel capital measurement that relies on a discredited process of risk-weighting assets.
The Chinese bond market must achieve greater diversity – of issuers and investors – if it is to facilitate the successful internationalisation of the renminbi, which requires the government to relax its rules on foreign participants, something it is already starting to do.
Regulators' national focus risks hurting global financial markets.
Most popular content
- Interview with Zoran Stavreski, minister of finance, Republic of Macedonia
- Europe's banking regulation and supervision: a brighter 2014?
- Chapter 1 of 4: Internationalisation of the renminbi; Trade and payments
- Interview with Luis Videgaray, minister of finance, Mexico
- Chapter 1 of 4: Managing intraday liquidity in a changing regulatory environment; Dodd-Frank, EMIR and Basel III – what they mean for liquidity managers