Regulation

  • ECB can't pick and choose, even for the environment

    ECB can't pick and choose, even for the environment

    An ESG think tank believes that the European Central Bank should drop Alberta’s euro bonds from its list of eligible marketable assets as a punishment for its support for polluting industries. But while it is a laudable aim, it is not practicable.

  • Covid-19 equity raises could be subject of litigation

    Covid-19 equity raises could be subject of litigation

    Companies raising equity in the UK this year — amid a very uncertain outlook for business prospects — may risk opening themselves up to claims related to the information they disclose or do not disclose, according to lawyers at Herbert Smith Freehills.

  • UK moves early to dispel fears about bank capital buffers

    UK moves early to dispel fears about bank capital buffers

    Markets rejoiced this week after the Bank of England proposed policy changes that will make it harder for UK lenders to run into automatic restrictions on their additional tier one coupons and equity dividends. The move was seen as a way of addressing concern about ‘buffer usability’, which has come to the fore during the Covid-19 pandemic.

  • CFTC and BoE tie up clearing agreement

    The US Commodity Futures Trading Commission and the Bank of England signed a memorandum of understanding on Tuesday regarding the oversight of derivatives clearing.

  • BoE to ease MDA rules for UK banks

    BoE to ease MDA rules for UK banks

    The Bank of England said this week that it would loosen some of the rules around the maximum distributable amount for UK banks after Brexit, making it harder for them to trigger restrictions on their additional tier one (AT1) coupons and equity dividends.

  • EBA looks to halt 'infection risk' on legacy capital

    EBA looks to halt 'infection risk' on legacy capital

    Much of European rule making in wider society has been about preventing infection spreading to the elderly of late. But the European Banking Authority has instead weighed in on the "infection risk" that stems from grandfathered securities.

  • ECB laments lack of CCy cap before Covid

    ECB laments lack of CCy cap before Covid

    The European Central Bank said this week that it thought a stronger role for countercyclical capital buffers would be key in making sure that banks use their available resources to boost lending in times of crisis.

Regulation News Archive