Desk editor, Regulation
Philip Alexander is the regulation desk editor for Risk.net, overseeing a team of journalists in the UK, US and Asia. He was previously senior editor at The Banker magazine, covering financial regulation, capital markets, derivatives, and central and eastern Europe.
Prior to entering journalism, Philip edited sovereign credit research for rating agency Standard & Poor’s in London. He was awarded a PhD in modern history by the University of Cambridge for a thesis on Britain and European integration.
Top-down approach, dynamic balance sheet and multiple shock scenarios all possible for 2022
Schooling Latter limits term rates to legacy contracts and wants backward-looking method for loans
There are signs the US and EU will pull back from the brink in dispute over CCPs
Trading obligations won’t change, but Mifid-style forbearance possible in event of disruption
Competing proposals on foreign CCP oversight have more in common than recent rhetoric implies
Regulator proposal could lead to less reliable market risk data, critics warn
Commission can act quickly to stave off no-deal market disruption, insists official
Lack of single supervisory authority is hampering EU efforts to create new markets
Many worry that EU government bonds are now in play for international arbitration
Supervisors drive banks to seek more corporate default data and cost-effective model improvements
Potential EC, French and German no-deal relief is expected to be short-lived and incomplete