Financial MarketsRSS
Gold bars

Bankers’ gold rush may signal fears over looming financial crisis

There is anecdotal evidence that investment bankers in the UK are piling into physical bullion for their personal portfolios due to fears over counterparty risk in the financial system, severe inflation and political uncertainty.

BLM crypto

Crypto faces moment of reckoning

It turns out that crypto is not an independent parallel financial system after all and is closely tethered to the traditional financial system and its recent meltdown will see policy-makers double down on regulating the sector. By Justin Pugsley  

Mark Sobel

Policy-makers ponder tackling systemic debt vulnerabilities

Private sector debt ratcheted up during the Covid-19 pandemic. Now regulators want to figure out how this will hit countries facing a post-pandemic recession – and what policy-makers can do to ease the pain.

Equity ticker

IOSCO seeks to guide securities regulators on market data fees row

Traders in secondary markets argue they are getting short-changed on data – and global standard setter IOSCO agrees and is urging securities regulators to tackle the problem.

Bob Stewart

UMR threatens to bar smaller financial firms from OTC derivatives markets

Smaller financial firms could be frozen-out of parts of the over-the-counter derivatives market if they do not quickly implement the systems required under uncleared margin rules.

Gary Gensler 2021

Gensler’s game-changing equity markets revamp faces tall hurdles

US equities markets face the biggest shake-up in decades if SEC chair Gary Gensler gets his way, but it will be a journey strewn with legal obstacles that could ultimately sink the whole project.

Crypto

EU brings crypto into regulatory perimeter

Crypto-assets, their issuers and crypto-asset service providers (CASP) have been pulled into an EU-wide regulatory framework for the first time following a provisional agreement between the European Council and the European Parliament announced on June 30. 

ESMA concerns point to likely regulatory focus

Financial markets risks are at their highest level due to the deteriorating geopolitical and economic environment, said the European Securities and Markets Authority (ESMA) in an assessment update on June 9.

Binance

Binance scores ‘coup’ with French registration

The Autorité des marchés financiers (AMF) has granted the controversial crypto exchange Binance approval to operate in France making it the first major European country to do so.

Bill Hwang

ESMA calls for framework to better detect ‘Archegos’ like risks

The 2021 collapse of the family office Archegos Capital Management prompted the European Securities and Markets Authority (ESMA) to recommend creating a framework enabling supervisors to better monitor risks related to derivatives.