FCA unveils Solvency II accountability rules
The Financial Conduct Authority (FCA), alongside the Prudential Regulation Authority (PRA), has published near final rules confirming how it will apply the new accountability regime…
The Financial Conduct Authority (FCA), alongside the Prudential Regulation Authority (PRA), has published near final rules confirming how it will apply the new accountability regime…
The Alternative Investment Management Association (AIMA), and S3 Partners have launched a new survey that explores how Basel III bank capital rules impact money managers…
Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the Prudential Regulation Authority (PRA), supported by a team of investigators at the Financial…
The European Commission has adopted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties….
GFT has shared the findings from a global research project aimed at uncovering the attitude of the global investment banking community to ‘The New Normal’…
Speaking at the FIA International Derivatives Conference in London, Timothy Massad talked about his surprise a year ago when the US had not been granted…
FIA Europe has published a review of the cumulative effect of European derivatives law reform, setting out the core issues and offering potential solutions to…
Futures Commission Merchants (FCMs) have been challenged during the past year by capital constraints and declining margins, creating serious concerns about the future viability of…
Buy-side firms are under a global microscope to ensure they act in the best interests of their clients, according to TABB Group in the first…
Now that Europe has begun to implement a much-delayed program of reforms reshaping the landscape for swap market participants, TABB Group in new research, “European…
The US department of Justice has announced a law enforcement action against financial institutions that participated in a display of collusion and foreign-exchange rate market…
ESMA has updated it’s Q and A for the Alternative Investment Fund Managers Directive. The answers are intended to help AIFMs by providing clarity as…
In a speech on May 11th 2015, Commissioner Luis A. Aguilar of the U.S. Securities and Exchange Commission has spoken of the need to undertake a thorough…
Basel III and CRD IV are impacting banks’ leverage ratios, capital requirements and consequently all market participants with smaller balance sheets. Tier 2 and 3…
The European Securities and Markets Authority (ESMA) has issued the 13th update of its Q&A document on the implementation of the European Markets Infrastructure Regulation…
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related…
A study commissioned by Colt shows that almost half (49%) of buy-side and sell-side traders in Europe, US and Asia believe that delays in connecting…
The Volcker Alliance, a non-partisan, non-profit organization founded by former Chairman of the Board of the Federal Reserve Paul A. Volcker to address the challenge…
By forcing certain swaps trading onto SEFs, Dodd-Frank is asking the swaps market to make overnight changes that took the equities market 20 years. This…
Boat Services Ltd, independent OTC trade reporting service provider, has announced that it will apply for approved publication arrangement (APA) authorization under MiFID II. …