FCA concerned about employees working from home on sensitive capital-raising deals.
Latest articles from Justin Pugsley
Banks express concern at prospect of negative interest rates
June 2, 2020Lenders fear move could hit net interest margins and hinder ability to recover from pandemic.
Regulators ask banks to go easy on forward provisioning
May 27, 2020Banks have been given the nod for a softer line on forward provisioning accounting rules, for the sake of preserving the economy.
EU regulators lift short selling ban, but could reimpose it
May 19, 2020Securities regulators coordinate move, but could reinstate in event of extreme volatility.
Basel faces first major test – so far so good
April 27, 2020The coronavirus pandemic has hit the global economy, vindicating the tough reforms to the Basel framework. But will they survive?
Coronavirus menaces eurozone banks
March 23, 2020The latest potential existential threat to the eurozone is not from reckless banks this time. A highly contagious virus is something regulators had never planned for.
UK regulators look to hasten Libor’s demise
February 17, 2020UK regulators have given the industry a sharp reminder that they are not doing enough to transition from Libor to alternative rates, giving the whole project a new sense of urgency.
UK quest for divergence hangs over Brexit talks
January 29, 2020With the UK having left the EU on January 31, one uncertainty has been traded for another: the post-Brexit UK-EU relationship.
Is the FSOC underestimating risks to US financial stability?
January 2, 2020Mortgage origination and cyber attacks are among the top concerns of the US Financial Stability Oversight Council but, surprisingly, the rapid growth in collateralised loan obligations is not seen as one of them.
FCA takes Brexit opportunity to rethink rules
December 2, 2019UK regulators see Brexit as an opportunity to review the country’s regulatory regime and shift the focus to an outcomes-based approach.