January saw a rush of announcements about central bank digital currencies, as they enter their next phase of development.
Latest articles from Justin Pugsley
Regulators to peer into the cloud
January 19, 2022Just three leading cloud providers pose a growing challenge in terms of the operational resilience of banks and this worries financial regulators.
EU's diverging interpretation of Basel III
December 16, 2021The European Commission’s approach to implementing Basel III into the EU’s banking framework attempts to be faithful, but is filled with divergences and delays.

FCA grants another Libor reprieve to fend off potential market disruptions
November 24, 2021The decision is part of a long series of delays and exemptions to help the industry transition to alternative interest rate benchmarks.

EU finalisation of Basel III leaves banks concerned
November 15, 2021European Commission’s proposals to better insulate EU banks from shocks have been met by the industry with concerns.
US regulators are coming for stablecoins
November 9, 2021Issuers of US dollar-backed stablecoins could be nearing an existential threat as regulators clearly want to subject them to tough banking rules.

Concerns linger over US dollar Libor transition
October 19, 2021Most banks should have negligible Libor exposures by the end of this year. But pockets of concern remain.
Is Evergrande the new Lehman brothers?
October 11, 2021With China’s Evergrande in deep trouble, some are wondering if it could trigger another global financial crisis.

SEC warns Coinbase over proposed yield product
September 20, 2021The US Securities and Exchange Commission has threatened to sue the crypto exchange Coinbase if it launches its planned lending product.
US getting act together over crypto
September 13, 2021Crypto firms have been vocal about how the US’s damaging approach to their industry is stifling innovation to the benefit of Asian and European competitors.