letter-writing

Pierre Wunsch, governor of the Belgian central bank, says domestic banks might be required to set aside extra capital against home loans. Lenders will be vulnerable if hit with a credit crunch because "net margins in the mortgage sector are too low," Wunsch says. MLex (subscription required) (18 Feb.)

The Securities and Exchange Commission has proposed allowing a wider range of companies to use the "test-the-waters" process, which lets prospective stock issuers discuss offerings with likely investors before bringing a deal to market. The process bars companies with more than $1 billion in yearly revenue. Pensions & Investments (free access for SmartBrief readers) (19 Feb.)

The list of companies planning to leave the UK is lengthening as Brexit approaches but no divorce agreement is in sight. The departure of Honda will eliminate 3,500 jobs, and the Netherlands says it has helped 42 companies relocate from the UK. Politico (19 Feb.)