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Corporate backlash on costs of regulation continues

Banks will not be able to avoid passing on the hefty costs of regulatory reform to their buy-side clients, argued participants at the ACI UK’s annual square mile debate

battle

The backlash from corporate treasurers over the likelihood that new financial regulation will drive up the cost of hedging continued last week, as panellists at the ACI UK Financial Markets Association's annual Square Mile Debate in London argued there is now more uncertainty than ever.

"The thing we are worried about is the cost of these regulations. We think it is going to be difficult for banks

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Corporate cash seeks new home as money-market reforms loom

New regulation on both sides of the Atlantic threatens to make money-market funds less attractive for corporate treasurers. Banks are hoping this cash will flood into fixed-term deposits instead, helping them meet incoming liquidity ratios, but they’re…

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