New sanctions on specific companies could trigger CDSs and complicate settlement
Foreign banks struggling to comply with US rules, as BNPP fine shows
More Sanctions articles
Establishing a coherent system of legal entity identifiers has been an important challenge for the swaps industry over the past two years. Now, in the face of regulatory pressure, anti-money launder...
UK regulator's first annual AML report highlights risks of closing certain banking services
UK regulator says 'significant room for improvement' needed at most banks
US regulators issue penalty-free consent orders, while the FSA promises investigation
Sanctions have been lifted, but Burma is still high-risk
Standard Chartered and HSBC attract attention for compliance failures
Clause for concern
The developing situation in Iran will continue to be the biggest short-term driver of oil prices, as the EU prepares to potentially join the US in sanctions on Iranian crude and the closure of the s...
Banks' anti-money-laundering processes will come under scrutiny in the face of tougher sanctions in the Middle East
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.