RWA accuracy: what recent ECB fines mean for Basel 3.1

Article

Two recent ECB fines highlight risks in RWA misreporting and model governance failures. Learn what Basel 3.1 means for RWA accuracy, internal models, and board-level assurance.

| 6 min read | 01 May 2026

Firms urged to act as FCA review reveals shortfalls in algo trading controls

Article

The FCA has published a multi-firm review identifying significant shortcomings in how principal trading firms manage their algorithmic trading controls. Issues span governance, testing, deployment, and market abuse surveillance. Kantilal Pithia, Rebecca Deane and Paul Young explore the findings, what firms should do next, and how they can strengthen their frameworks to meet regulatory expectations.

| 6 min read | 25 Nov 2025

Clearing the way: Bank of England consults on CCP reforms

Article

The Bank of England is consulting on a major overhaul of the UK’s regulatory framework for central counterparties (CCPs), aiming to strengthen resilience and foster innovation. Paul Young explains what’s changing, why it matters and how market participants can prepare.

Paul Young

| 5 min read | 15 Oct 2025