Feature
RBS appoints Structured Product head for Asia-Pacific
Stanley Ng has been appointed managing director, head of Structured Investor Product Development and Marketing, Asia-Pacific for Royal Bank of Scotland (RBS).
SG launches SGI Global Security Index
Société Générale has launched the SGI Global Security Index, based on the global security sector.
British bankers want regulation debate
Angela Knight, cheif executive of the British Bankers’ Association, said the UK needs a comprehensive review of credit and services regulation.
CEBS publishes survey on options and national discretions
The Committee of European Banking Supervisors’ survey is part of the EU Commission’s call for advice on the exercise of options and national discretions.
Senior EU politician says US is set to release Basel II rules
Regulators could agree on the US’s Basel II rules today, according to a top EU bureaucrat.
Meteor launches third plan in Prima range
Meteor Asset Management, the investment and retail products arm of Meteor Capital Holdings, has launched a third plan in the Prima range dubbed The Prima Growth Plan 3.
Final guidance issued on Mifid Level 3
The long-awaited final guidance from the Committee of European Securities Regulators (CESR) on the Level 3 implementation of the Markets in Financial Instruments Directive (Mifid) was finally issued last month.
CEBS publishes notes from large exposures open hearing
The Committee of European Banking Supervisors has issued its views on an EU-wide large exposures regime.
EU draft report supports pan-European regulator
A draft report presented to the European Parliament has called for a series of studies into the economic effects of Financial Services Action Plan (FSAP), which also makes a case for the creation of a European authority for the supervision of large cross…
Batting for British banks
Angela Knight, chairperson of the British Bankers' Association, talks to Nick Kochan about her hard-earned reputation as the scourge of the international regulatory community
CEIOPS makes EU supervision more transparent
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has created a database that details how member states have introduced the options included in the Insurance Group Directive.
Senators want regulators to hurry up with Basel II
Democrat senator Chris Dodd, and his Republican counterpart Richard Shelby, have asked the four US regulators in charge of Basel II implementation to finalise the rules quickly.
Indian banks bid to raise capital to ensure Basel II compliance
Five banks are preparing to launch public and bond issues to meet the Basel II capital adequacy ratio.
Plans to improve subprime supervision announced
A pilot project involving five US authorities will carry out compliance reviews of lenders active in the subprime industry.
BIS urges institutions to lower FX risk
The Bank for International Settlements (BIS) has recommended financial institutions reduce and control large and long-lasting foreign currency exposures, in a report published yesterday.
CESR publishes details of hedge fund classification guidelines
The Committee of European Securities Regulators has issued its final guidelines on the classification of hedge fund indices. To view the regulations, click here .
The Big Interview - Tim Polglase
As a massive increase in covenant-lite loans sends jitters through the investor community, the head of leveraged finance at law firm Allen & Overy in London tells Nikki Marmery that cov-lite merely reflects a changing market dynamic
Q&A - Robert Gardner
Under pressure to improve transparency, pension schemes are increasingly seeking to manage deficit/surplus volatility. The co-founder of consultancy Redington Partners in London explains how credit can play a part in that drive
Credit Suisse hires head of private banking from Merrill Lynch for Australia
Credit Suisse has hired Nick Kalikajaros as managing director and head of private banking for Australia. Kalikajaros will start in October and will be based in Sydney. He joins Credit Suisse from Merrill Lynch where he was head of global private clients…
CEIOPS has issues with risk
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has written a paper on risk management.
Industry warns against EU commodity regulation
The European Commission has been cautioned against inappropriate regulation of commodity derivatives by a working group of industry bodies.
The best-laid plans ..
Strategic risk is recognised as a potential serious risk under Pillar II of Basel II. But isolating what strategic risk actually is, let alone how to quantify it, has caused some problems for risk managers. Bob Allen of the Australian Prudential…
Xinhua and Fermat bring Basel technology to China
Xinhua Financial, a media company, and Fermat, a risk technology specialist, have signed a deal to provide Basel II software in the world’s fourth largest economy.