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Credit market complacency

The structured credit market has come under the scrutiny of regulators fearful that a credit downturn will bring significant systemic risk to the global financial markets. Participants in the credit derivatives market are, for the most part, nonplussed…

FSCS to pursue precipice bonds providers for £30 million

The Financial Services Compensation Scheme (FSCS) is pursuing precipice bonds providers for up to £30 million. The FSCS is in the process of recovering the compensation paid out to investors who had successful claims against IFAs firms that went into…

JP Morgan recommends changes to Basel II NPR

JP Morgan Chase has set out to US regulators what it considers to be the main operational concerns over the interagency notice of proposed rulemaking (NPR) to implement a new risk-based capital framework based on Basel II.

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