Just how radical can the UK be in terms of re-writing its post-Brexit financial regulatory framework? Not much, it appears.
World
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/ UK
EU and UK agree ‘bare bones’ MoU on financial regulatory co-operation
April 9, 2021UK had hoped for a more binding deal, but EU does not want to compromise control of its internal market.
Some banks 'struggling to meet Basel III deadlines’
March 24, 2021Over a quarter of institutions reporting delays or assuming later deadline, according to survey.
Hong Kong SFC clamps down on market manipulation schemes
March 23, 2021Fifteen brokers have been ordered to freeze client accounts linked to a suspected social media ramp-and-dump scam.
BPI calls on Fed to extend leverage ratio exclusions
March 18, 2021Ratio applied to eight G-SIBs needs to be recalibrated, says the Bank Policy Institute.
Banks’ cloud push ‘hindered by fragmented global regulations’
March 17, 2021Consistent regulatory approach to use of cloud by financial firms required, argues ASIFMA.
World
/ Western Europe
/ UK
Review proposes radical shake-up of UK’s listing regime
March 15, 2021Lord Hill listing review aims to boost London's competitiveness in the post-Brexit era.
Fed governor calls for lessons to be learned from Covid shock
March 15, 2021Covid turmoil underscores need to ensure financial sector can withstand a range of shocks, says Lael Brainard.
Greensill failure highlights shadow banking risks
March 11, 2021From a distant corner of the financial system comes another failure, hot on the heels of Wirecard’s collapse. The latest saga involves Greensill Capital, which also slipped through the regulatory net.
City of London pivots towards new opportunities
February 28, 2021New opportunities may beckon for the City of London as the UK looks at tweaking its regulatory regime.