Bank of England estimates that the UK banking system is well capitalised enough to get through a severe recession.
Glimpse of post-Brexit UK regime reveals nothing radical
August 3, 2020UK has indicated what it intends to do with its financial regulatory regime once it leaves the EU – and it's not that different.
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UK banks ordered to plan for climate change risks by 2021
July 17, 2020Financial firms warned reporting climate-related information will soon become mandatory.
Covid-19 casts shadow over Russian bank reform push
July 15, 2020Pandemic has slowed completion of reforms as regulators seek to prop up economy.
EU gets CCP resolution and recovery rules over the line
July 10, 2020Resolution governing failed central counterparty clearing houses (CCP) given green light.
World
/ Western Europe
/ UK
UK government to tackle tough legacy Libor contracts
July 7, 2020FCA to be given power to manage orderly transition from Libor to alternative rates.
German court ruling could threaten the EU legal order
July 2, 2020A German court ruling may have placed the EU’s legal order in jeopardy, with significant implications down the line. By Justin Pugsley.
European Commission seeks to reboot Capital Markets Union
June 23, 2020Recommendations on how pan-EU project should proceed have been well received by industry.
Hong Kong’s financial hub status in question
June 11, 2020Threats from US to end special trading status pose risk to city’s role as global financial centre.
World
/ Western Europe
/ UK
Bank of England tells UK banks to prepare for ‘hard Brexit’
June 11, 2020Bank governor Andrew Bailey warns chiefs to be ready for ‘no deal’ scenario at end of 2020.