A Banque de France and WGOR representative told the OpRisk Europe conference yesterday that co-ordination on the AMA is challenging with so many constituents involved; the capital standard was "too flexible",...
Clearing house and commodity traders voice concerns about European firms going to US due to Emir CCP standards
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Regulatory arbitrage articles
Three quarters of survey respondents believe regulators should copy the European Union’s CVA exemptions for trades with corporates, pension funds and sovereigns
Tax adviser to the French finance minister tells Risk the country's authorities will act on "tax evasion through synthetic instruments" if necessary, as cash equity volumes fall
The UK dependency of Jersey has taken steps to tighten its regime of financial supervision to combat the perception dogging many offshore financial centres that it offers a haven for tax dodgers and money launderers. Nick Kochan looks at the specific...
One of the key aims of the European Securities and Markets Authority is to deliver a common approach to regulation across the EU, ensuring consistency and co-operation across borders. Executive director Verena Ross talks to ORR about how the new regulator...
Inconsistencies in new regulations both across borders and within the regulations themselves are giving rise to concerns of regulatory arbitrage and exploitation of loopholes
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.