Inflation divergences: Implications for monetary policy Inflation dynamics across developed economies are diverging. US inflation data has come in “hot” so far in 2024, but inflation in Europe has eased, falling short of expectations. While the Fed is opting to look through the data for now and sticking to its guidance
Best execution: US looks to eliminate conflicts Toward the end of 2023, two US-based broker-dealers were subjected to multi-million dollar penalties levied by the Financial Industry Regulatory Authority (FINRA) on grounds of failure to provide “best execution” to their customers. The timing of these sanctions coincided with the introduction by
Renewables growth strong but still off required pace The world increased its global renewable energy capacity in 2023 by around 500 gigawatts (GW) to over 4,000 GW, according to the International Energy Agency (IEA). While this rate of growth in capacity (50% higher than in 2022) – the fastest in
Basel III, Basel IV, Basel III Endgame, & Basel 3.1: Terminology Explained The global financial crisis (GFC) of 2007-09 was a watershed event in financial markets that demanded a huge change in how banks are regulated. The main regulatory response to the GFC was labeled Basel III by the Basel
Navigating inflation: Soft landing on a moving target Amid strong signs that the aggressive tightening cycle implemented by monetary authorities to combat inflation may have run its course – with interest rates set to head lower later this year – markets are jubilant. However, some central bankers and economists caution that these celebrations
Securities settlement – T+1 comes into focus The imminent launch by the Securities and Exchange Commission (SEC) of a T+1 settlement regime for US securities is set to reduce risk but also pose challenges – especially for market participants and regulators in other jurisdictions that, for the time being, retain
