Senior MEP says officials from US and Europe only recognised dangers of Sef rules footnote in recent weeks
CFTC and FCA impose fines of $65 million and £14 million
Prudential Financial designation raises concerns assessment criteria not fit for purpose
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More News/Regulation articles
Buy-side firms complain about the documentation burden ahead of the October 2 Sef deadline
Forex participants must reconsider their approach to dual reporting under Emir, after Esma rejects industry proposal
New proposed rules on CCP default fund capital and the leverage ratio will together make acting as a clearing member uneconomical, says industry panel
Emerging markets are much better prepared to deal with foreign investment outflows, says Securities Commission Malaysia chairman
UK and US authorities fine bank over $6.2 billion trading losses in July 2012
CFTC chairman confident that first entity-level determinations will be complete by December 21, but is less certain about transaction-level requirements
Speaking at the FX Invest West Coast conference, the New York Fed's Jeanmarie Davis addressed the challenges associated with clearing and settlement of forex options
2010 reform act robbed the US authorities of the powers it used to fight crisis, conference hears
German MEP “appalled” by “irresponsible” council as Omnibus II trilogue negotiations resume
Critics say a limited provision in new WGMR rules for dealers to rehypothecate client collateral is impractical and offers no benefit to clients
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.