European Union (EU)
Isda AGM: Clearing will magnify European FTT, warns UniCredit’s Lim
Planned one-basis-point charge will be levied multiple times in cleared trades – and could “kill the market”
US warns EU over financial transaction tax
The US will not allow the EU financial transaction tax to happen, according to the head of US Chamber of Commerce Thomas Donohue. Co-ordination between G-20 countries on financial regulation is needed
Law firm of the year: Morrison & Foerster
OR&R recognises a law firm that successfully guided clients through regulatory confusion and the interpretation of sometimes competing items of financial legislation
Hedge funds face continued global economic uncertainty
Search for meaning
NWE power market coupling struck by delays
A tough nut to crack
Esma says national regulators must decide product eligibility for third-country CCP transition period
The European Securities and Markets Authority has addressed some of the concerns over which third-country CCP platforms and products are eligible for the transitional period, which begins on March 15
Uncertainty over Emir may force European banks from some Asia OTC markets
The deadline is approaching for regulators to establish what European banks can clear and where on Asian CCP platforms ahead of OTC market standards going live from March 15
Europe edges towards three-pronged CVA exemption
CRD IV set to exempt trades with corporates, sovereigns and pension funds
Mifid obstructing cloud computing at European banks
Vendor contracts may not be flexible enough to satisfy outsourcing rules
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
European energy firms struggle with unclear Remit rules
Uncertain remit
Carbon price sinks as EU vote is delayed
The European Commission is proposing to cut the supply of European Union Allowances to bolster prices, but delays to the plan are causing prices to sink, reports Gillian Carr
Energy Risk Europe: The challenge ahead
Threats and challenges
Commodity position limits cause Mifid II confusion
Commodity position limits cause Mifid II confusion
Energy Risk Europe: Indexes won’t be included in MAD, say panellists
Energy indexes may not be included in EU market abuse rules, but remain likely to be hit by further scrutiny
Esma backtracks on indirect clearing
Final rules remove two controversial proposals, but revive regulators' concerns about access to clearing for small firms
Debt mutualisation: Lessons from the US
Debt mutualisation lessons from the US
Q&A: Christian Clausen on bank capital, systemic risk buffers and bail-in debt
Hitting the buffers
Will a 'set-aside' save the EU carbon markets?
Set-aside: an intervention too far?
Fatca reciprocity agreement may cause delays, experts warn
US firms expected to push back on Fatca quid pro quo
Risk 25: Filling data gaps for risk analysis
Filling data gaps for risk analysis
Surviving the euro storm
Surviving the euro storm
House of Lords committee chair warns of Mifid liquidity costs
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe’s Mifid review