Feature articles on risk management, derivatives and complex finance - Risk.net

Infrastructure

Nine Banks Organize to Build Mifid Utility

LONDON—Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) market structure reforms.

04 Oct 2006

Regulation

EU must lead global effort to integrate financial markets, says EC commissioner

Mifid and the EU’s clearing and settlement policies will play a vital role in achieving integrated global financial markets, according to a top regulator.

04 Oct 2006

Regulation

European regulators state concern over supervisory review process for mergers and acquisitions

CEBS, CESR and CEIOPS’ letter to the EC outline problems with the current draft of cross-border consolidation proposals.

03 Oct 2006

Regulation

Final guidance on Pillar II process for interest rate risk published.

CEBS has issued final technical guidance for supervisory review process for interest rate risk in the banking book.

03 Oct 2006

Regulation

Rising interest rates undermine retail notes in Hong Kong, says SFC

Rising interest rates may have dampened investors' appetite for retail structured notes, causing the market to shrink, according to a report by Hong Kong’s Securities & Futures Commission (SFC), the territory’s securities industry watchdog.

02 Oct 2006

Structured products

Global launches GCC Islamic Index

Kuwait-based investment company Global Investment House has launched what it claims to be the first GCC Islamic Index for the region. The new index is part of Global’s series of indexes, which track the performance of sharia-compliant companies in the…

02 Oct 2006

Structured products

Saxon Financial launches fund-linked PPN in Canada

Investment fund manager Saxon Financial has launched a principal protected note (PPN) in Canada. The Bank of Montreal Saxon Balanced Protected Deposit Notes, linked to the performance of the Saxon Balanced Fund, offer up to 200% of the potential returns…

02 Oct 2006

Basel Committee

Basel II goals for capital adequacy “achievable”, according to S&P report

QIS5 findings show Basel II stabilises regulatory capital and improves risk management, but will spur industry consolidation.

02 Oct 2006

FSA releases policy statement on the restructured Handbook

The UK’s Financial Services Authority (FSA) has provided feedback on the comments for CP06/10, ‘Strengthening Capital Standards – Restructuring the Handbook’.