News

The chief executive of the UK’s Financial Conduct Authority has told a US audience the regulator is on a new path to expand its technological capabilities and regulatory remit on crypto.

18 July 2022

The US Federal Reserve’s watchdog has said that chair Jerome Powell and former vice-chair Richard Clarida did not violate any laws during a 2020 trading scandal.

18 July 2022

After over seven months and one failed nomination, US president Joe Biden has finally filled the vacant role of the Federal Reserve’s vice chair for supervision.

14 July 2022

Canada’s financial regulator will require banks to set up plans for technology development and cyber security, according to its latest guidance.

14 July 2022

Systemically important stablecoins must observe “all relevant principles” of a universal set of rules that apply to financial market infrastructures, according to a joint report from two global standard-setters, as international regulators respond to the ongoing instability in the crypto market.

13 July 2022

A majority of supervised EU banks have not addressed climate risk sufficiently in their long term risk management strategies, the European Central Bank has said following its annual climate risk stress test.

13 July 2022

Has it become impossible to run a global bank? GBRR decided to explore the question in a series of roundtables – the first from the American perspective, at a roundtable populated by professionals, mostly corporate counsel, working in the US market.

11 July 2022

At a Bank of England event, the US Federal Reserve’s vice-chair Lael Brainard has outlined a case for crypto-asset and stablecoin regulation and called for banks to second-guess their crypto involvement.

11 July 2022

The longtime chief executive of Hong Kong’s securities regulator is set for a move to London, after being appointed the next chair of the UK’s Financial Conduct Authority.

08 July 2022

Financial services consultancy Patomak Global Partners has hired Simpson Thacher & Bartlett partner Keith Noreika, a former acting comptroller of the currency, to head its banking supervision and regulation group.

08 July 2022