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Proposed bank capital requirements increases slashed in the US and UK
The US Federal Reserve and the UK’s PRA row back on last year’s forceful proposals for substantial capital reserve increases.
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Crypto-friendly bank must enhance investigatory standards in AML/OFAC arenas
The Fed ordered the bank to enhance its AML and OFAC compliance regimes, citing “significant deficiencies.”
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Charles Goodhart: ‘We’re in for a fiscal crisis down the road and we don’t know how to solve it’
The former Bank of England economist on inflation, labour shortages, and the right to challenge central bankers.
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Banking agencies issue final climate-related financial risk management principles
The FRB, OCC, and FDIC issue framework for banks with over $100 billion in consolidated assets.
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CFTC enforcement stance leads regulatory roundup
CFTC updates its enforcement guide, bank regulators update fair lending rules, 48-state settlement over computer error.
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The debt-fuelled bet on US Treasuries that’s scaring regulators
Policymakers are concerned about the huge leverage that hedge funds are employing as part of the so-called basis trade.