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FSA and Treasury publish plans for UK covered-bonds framework
The Financial Services Authority, which regulates the banking industry in the UK, and the Treasury have published plans for a legislative framework for covered bonds.
ISDA Appoint Deputy CEO
The International Swaps and Derivatives Association (Isda) has appointed George Handjinicolaou as deputy CEO and regional director for Europe, the Middle East and Africa (Emea).
Bank of Ireland launches offshore global growth bond
The Bank of Ireland and its branch, Guernsey-based Bristol & West International, has launched the Global Growth Bond.
Basel II obligations force Central Bank of India to expand
The Central Bank of India, a commercial bank, is to open 100 new branches to ensure it meets the Basel II norms.
US finally reaches compromise on Basel II
Basel 1A dropped and advanced approaches to be consistent with international standards
CEIOPS responds to EU retail green paper
The Committee of European Insurance and Occupational Pensions Supervisors has published its feedback on the Commission’s green paper on retail financial services in the single market.
CESR launches consumer survey
The Committee of European Securities Regulators (CESR) wants to know what the market thinks about its work over the past six years.
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 .
