Feature
A View on 2007: By Credit Suisse's Hans Georg Vetterlin
What will 2007 hold for structured products marketers? Continuing our series of thoughts on the subject Structured Products invited Hans Georg Vetterlin, Credit Suisse's Zurich-based head of structured derivatives incubation & advisory, to provide his…
PCAOB proposes new auditing standards
PCAOB proposes new auditing standard for the audits of registrants' internal control over financial reporting under SOX Section 404
SEB's Basel II credit risk model approved
SEB internal credit risk models approved by Swedish Financial Supervisory Authority
CEIOPS publishes statement regarding insurance groups supervision
CEIOPS has published a statement clarifying the role of the lead supervisor for insurance groups supervision
A View on 2007: By DWS Scudder's Chris Warren
What will 2007 hold for structured products marketers? Continuing our series of thoughts on the subject Structured Products invited Chris Warren, DWS Scudder's head of structured products for the US in New York, to provide his thoughts on how the markets…
Editorial comment: Questioning report ‘findings’
Virginia-based Securities Litigation and Consulting Group (SLCG) has issued a report titled “Are Structured Products Suitable for Retail Investors?” The simple answer is ‘no’, according to the 18 page document. The economics consulting firm won’t win the…
BNP Paribas hires head of UK/Ireland/South Africa sales
BNP Paribas' Equity & Derivatives business (EQD) has hired Stephane Goursat as head of UK / Ireland / South Africa structured products sales.
Robeco and SAM team up for sustainability platform
Dutch asset manager Robeco and Switzerland-based Sustainable Asset Management (SAM) have launched a platform for sustainability investments. SAM is an asset manager focusing on sustainability investments, and is well known for constructing and licensing…
CESR issues consultation paper on the use of reference data standard codes in transaction reporting
The Committee of European Securities Regulators (CESR) issues CP on reference data codes for MiFID
SEC modifies compliance rules to Sarbanes-Oxley for overseas companies and postpones deadline for smaller companies compliance to SOX
The US SEC has announced that it will ease rules for overseas companies having to comply with Sarbanes-Oxley regulations.
CESR publishes consultation paper on the passport under MiFID
CESR has published a consultation paper on the passport under MiFID that sets out proposals for a common approach to the notification procedures
HSBC joins its peers in objections to US Basel II
HSBC North America Holdings voices its opposition to the Basel II proposal
Agencies announce interim decision on impact of FAS 158 on regulatory capital
The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Office of Thrift Supervision issue joint statement on FAS 159.
CEBS out with additional technical guidance on concentration risk under Pillar 2
CEBS has published additional technical guidance on application of the supervisory review process under the Capital Requirements Directive.
CEBS published recast version of financial reporting guidlines
CEBS has published a new release of the Guidelines on Financial Reporting.
FSA publishes international regulatory outlook
The FSA has published its 2006 International Regulatory Outlook.
FASB suggests more in-depth derivatives reporting
The US Financial Accounting Standards Board (FASB) has issued a proposal for more rigorous reporting of derivatives in financial statements.
FSA starts monitoring banks’ management of collateral
The Financial Services Authority (FSA) has started investigating how large investment banks manage their collateral, fearing they may not be ready for a sudden market downturn.
Twelve associations issue joint statement on misuse of public information
A group of twelve industry associations have issued a joint statement reaffirming their commitment, on behalf of the members and financial markets they represent, to promote fair and competitive markets in which inappropriate use of material non-public…
Bank of America CFO quits over Sarbanes-Oxley
Alvaro de Molina will leave Bank of America early next year after resigning as chief financial officer.
CEIOPS publishes supplement to consultation paper
CEIOPS has published a supplement to its recent Solvency II Consultation Paper No. 20
SEC proposes interpretive guidance for management to improve Sarbanes-Oxley 404 Implementation
The Securities and Exchange Commission (SEC) has voted to propose for public comment interpretive guidance for managements regarding their evaluations of internal control over financial reporting.
SPA predicts 40% US market rise for 2006
The New York-based Structured Products Association (SPA) is preparing its final assessment of the business year. And according to its chairman, Keith Strycula, it looks like 2006 sales figures will be 40% above 2005 figures.
Editorial comment: Questioning advertising methods
A number of years ago I must have registered my details at www.primelocation.com . The portal is probably one of the most widely used ways of browsing what’s up for sale or rent in the UK property market (apparently the site currently provides access to…