News

Practitioners and BoE cautiously greet UK plans to axe bonus cap

The British government is reportedly looking to abolish limits on bankers’ bonuses, in what practitioners tell GBRR would be a “high-profile” departure from EU regulatory standards.

21 September 2022

Biden nominates Republicans to FDIC board

The White House has named two Republicans to fill the board of the Federal Deposit Insurance Corporation, with a permanent chair of the regulator also promised in the near future.

21 September 2022

Meet the regulator: José Manuel Campa, chair of the European Banking Authority

In the first of GBRR’s series of regulator interviews, we spoke with European Banking Authority chair José Manuel Campa about the changing regulatory landscape, the challenges of an ever more integrated financial system, and a holistic approach to regulation.

20 September 2022

“It’s a little bit of a journey”: the road to climate transition

Panellists from two of the US’ largest regulators discussed the challenges of a US$150 trillion climate transition with representatives of the US Treasury and Goldman Sachs at the Bank Policy Institute-The Clearing House’s annual conference in New York.

15 September 2022

Abu Dhabi unveils crypto principles

The Abu Dhabi Global Market, Abu Dhabi's financial centre, has announced new principles guiding its approach to virtual asset supervision as it vies with Dubai for the role of the region’s crypto hub.

15 September 2022

Australia's prudential regulator announces big rethink

In something of a volte face, the Australian Prudential Regulation Authority has announced a project to simplify and remove regulations that have become too hard to understand, in every area except crypto – where it will build out its framework.

14 September 2022

OCC hires New York DFS climate chief

The Office of the Comptroller of the Currency has named Yue Chen, who headed the New York financial regulator’s climate initiatives for two and a half years, to lead its newly-created climate risk office.

14 September 2022

A “philosophical shift” in UK regulation? Financial services in the Truss-Kwarteng era

The United Kingdom now has a new prime minister and chancellor – not to mention a new king – but practitioners tell GBRR a planned merger of the UK’s regulators reportedly sought by the new government risks “muddying the distinction” in their mandates.

12 September 2022

White House mulling climate standards for energy-intensive crypto

US president Joe Biden’s administration has urged a closer look at the climate impact of crypto, as Ethereum prepares for a major change to its processes designed to slash its carbon footprint.

12 September 2022

Fed’s Barr to prioritise merger review

Recently confirmed Fed vice-chair for supervision Michael Barr has promised a review of the US merger framework in his first major remarks since taking office.

08 September 2022

Unlock unlimited access to all GBRR content