Top Section/Ad
Top Section/Ad
Most recent
PRA and FCA go much further than EU in loosening rules
Liberated issuers will still have to follow European regulations if they want to sell in EU
Public versus private distinction scrapped for disclosure plus new, simplified templates for mature asset classes
Established, well-known corporates could be among the first to use new regime
More articles/Ad
More articles/Ad
More articles
-
The IPOs of Aston Martin and Funding Circle are not just two of the leading deals in the final wave of sales for 2018, but are the first UK listings to be launched under the country’s new IPO regime. Investors are happy with the extra transparency the rules have brought, writes Sam Kerr. -
UK insurer Just Group said in its half-year results on Thursday that it had the flexibility to issue tier two or restricted tier one capital, amid worries about the impact on its capital of the Prudential Regulation Authority’s proposal for equity release mortgages.
-
In this round-up, Donald Trump says more tariffs on Chinese imports are likely, the Chinese authorities release the first London Connect details under public consultation, and State Administration of Foreign Exchange (Safe) adds Ray Dalio's hedge fund to the list of RMB qualified foreign institutional investors.
-
Regulatory pressures are pushing banks into shedding unwanted assets. And on the other side of the table, new investors have diversified the marketplace. Jasper Cox reports.
-
Europe has struggled to build a consensus among member states about when it should move towards completing the Banking Union. But the problem is becoming more and more urgent for lawmakers, which have been tasked with promoting the long-term growth and stability of the European financial sector. Tyler Davies reports.
-
It has been another big year for the Single Resolution Board. For the first time, the public authority is giving out binding MREL requirements to the most important banks in Europe. Having a sufficient quantity and quality of MREL is seen as a key tool in making banks resolvable, so that they can face financial trouble without putting undue stress on the broader financial system and the taxpayer. But the SRB still has a way to go yet. It is updating its MREL policy for 2018 and wrestling with tough questions about what is the best possible design for a liability structure that can facilitate the proper use of the bail-in tool. GlobalCapital interviewed Dominique Laboureix, a member of the board and director of resolution planning and decisions at the SRB, about what he describes as “the journey to MREL”.
