The Bracken column

Bracken

The Bracken column is named after Brendan Bracken, the founding editor of The Banker in 1926 and chairman of the modern-day Financial Times from 1945 to 1958.

Latest articles from Bracken

The UK's Office of Financial Sanctions Implementation: a new sheriff in town?

March 22, 2018

A new UK anti-corruption authority looks set to wield an increased level of power, meaning compliance officers may have to review their strategies in the country, write Steven Farmer and Aaron Hutman.

No room for complacency over MiFID II

February 26, 2018

After years of preparation, the rollout of MiFID II in January provided relatively little drama. But, says PwC’s Luke Nelson, it is early days and Brexit could still complicate matters, so firms should stay on their toes. 

A ‘twin peaks’ vision for Europe

January 29, 2018

A two-pronged approach to financial oversight will be vital for the EU after the UK finally leaves, write Dirk Schoenmaker and Nicolas Véron of Brussels-based economic policy think tank Bruegel.

Is Bitcoin evolving into a store of value?

January 2, 2018

Bitcoin founder Satoshi Nakamoto originally suggested it as a peer-to-peer form of electronic cash. But as the cryptocurrency gains credibility as an asset class, and demand grows for its use in emerging markets, it is beginning to resemble gold as a store of value, writes Daniele Bianchi. 

The ECB’s NPL proposal highlights the need for a rethink on regulation

November 27, 2017

The European Central Bank’s guidelines regarding non-performing loans are the result of an irregular process and mean more compliance headaches for banks, writes Giovanni Sabatini of the European Banking Federation.

Close co-operation can slam the door on fraudsters

October 30, 2017

With both the second Payment Services Directive and the UK Competition and Markets Authority plans for open banking coming into effect in January 2018, firms are under pressure to balance customer convenience and customer protection to maintain their place in the market, writes Jonathan Hoey, partner at UK law firm TLT. 

Europe’s Single Resolution Mechanism is a recipe for instability

September 25, 2017

Recent bank bailouts show that the Single Resolution Mechanism is woefully inadequate, writes Jean Dermine, professor of banking and finance at graduate business school Insead. 

The public-private solution to the Asean's infrastructure conundrum

August 28, 2017

After a spell of economic success, the 10 member-states of the Association of South-east Asian Nations face a more challenging future due to both infrastructure deficiencies and a rapidly changing demographic. Don Kanak, chairman of Eastspring Investments, explains why businesses and governments must come together to confront the issues. 

Risk management in the banking sector: the role of management accountants

July 24, 2017

Risk management is a permanent fixture of the financial world, so it is wise to take the smart approach to hiring management accountants, writes Andrew Harding of the Association of International Certified Professional Accountants.

The importance of a Brexit adaptation period and a capital markets union

July 3, 2017

BNY Mellon's Michael Cole-Fontayn calls for the financial community to unite in urging policy-makers to mitigate disruption during Brexit, and ensure the preservation of open financial markets.

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