Feature
Quadrant acquires Ecensity
Quadrant's purchase signals a move to become a global player.
"Dear CEO" letters categorise firms under the CRD The FSA outlines the various classifications for firms governed by Basel II.
The UK regulator has published "Dear CEO" letters categorising individual firms in preparation of the Capital Requirements Directive (CRD).
DBS and Interbank select Reveleus for operational risk
Two major banks will use the provider's operational risk applications.
CESR publishes assistance to EC on non-equities market transparency
The regulators have weighed in with initial assistance for deciding on the extension of pre- and post-trade transparency.
Equiduct Challenges Project Boat
LONDON—Although Project Boat has been recently hailed as the answer to one of the key Mifid reforms to come on Nov. 1, 2007, the initiative is facing challenges from the newly created Equiduct as well as from other exchanges mulling their own offers.
Boat Banks to name vendor
LONDON—"Project Boat"—a consortium of nine banks that is creating an off-exchange trade reporting facility—is close to naming the vendor that will provide the underlying technology for the planned OTC trade data platform, according to sources familiar…
Lukewarm response to SOX legislation
NEW YORK - The Securities and Exchange Commission (SEC) has published details of the predominantly lukewarm responses received to its July Concept Release on internal controls legislation in the Sarbanes-Oxley Act (SOX).
Risk USA: Hancock calls for a reappraisal of risk management
Peter Hancock, president of Integrated Finance, a New York-based hedge fund and consultancy, urged managers to rethink the way they view risk.
Call for evidence on the functioning of the Prospectus Directive
The CESR has published a call for evidence on the supervisory functioning of the Prospectus Directive.
Industry opposes extension of Mifid transparency to bonds and non-equities
Feedback statement on Mifid transparency shows industry doubts into further regulation.
Solvency II Developments: CEIOPS publishes consultations and questionnaires
The EU supervisors are seeking more comments on its “post-third wave” round of consultations.
Banks are ignoring Mifid threat, says Celent
BRUSSELS – The forex industry will be beset by law suits and regulatory action if it continues to ignore the Mifid directive coming into force next year, according to a research consultancy.
Largest Norwegian banks will use FIRB approach for credit risk
Falling capital levels in Norway will be buffered by transitional arrangements.
TCF progress and desired outcomes outlined by the FSA
The FSA has stated how firms should measure progress towards the goals of the consumer outcomes.
