News
Dodd-Frank: Abolition of OTS will boost OCC
OTS and OCC light-touch supervision grew bank assessment fees but fed institutional collapses
Regulation to reshape bank funding
Contrasting regulation for buyers and issuers of bank paper is adding to stress in funding markets.
EBF expansion of Euribor set to increase euro benchmarks gap
Changes are planned to a key euro rates benchmark - and it could have a number of knock-on effects.
Credit expert findings should help revise new impairment standard, says IASB
A proposed new approach to loan loss accounting is proving a tough nut to crack, but standard-setters say progress has been made.
No changes yet as Basel III redrafting looms
Basel Committee members are seeking to fend off speculation they have already decided to abandon or rewrite key elements of their proposals.
US regulatory reform reaches tipping point
It's not quite over yet, but the text of the Dodd-Frank bill has been agreed and derivatives users have cause for both celebration and concern.
IEA: world seeing an energy technology revolution
The world is seeing the first signs of an energy technology revolution with rising investment in low-carbon technologies, but more is needed, says the International Energy Agency (IEA).
South Korea implements product pre-approval regulation
South Korea launched its new derivatives product approval system in June but issues remain
Reform bill forces energy risk management rethink
New US derivatives regulation is expected to compel companies to redefine their risk management strategies
More ETFs face SEC trade curbs
Exchange-traded funds (ETFs) will fall under new circuit breaker rules.
Pick and choose from social media tools: BIS’s Laurmaa
Bank for International Settlements’ head of web publishing Timo Laurmaa says Twitter more beneficial to profit-making companies; short releases help when reaching out to wider-than-usual audience
Dodd-Frank: forex swap clearing exemption at Treasury secretary’s discretion
Blanket forex exemption dropped from final bill; Treasury to determine issue
McLaughlin joins law firm Fried Frank in New York
US law firm Fried Frank has hired Robert McLaughlin, co-founder of the structured products practice at Katten Muchin Rosenman
New US derivatives rules to boost tech firms' energy business
The new US derivatives regulatory regime to raise transparency and reporting requirements for energy traders will present business opportunities for technology companies in the sector
FSA pans auditors and seeks more regulatory power
Auditors were too willing to follow management's line before the crisis, FSA charges
Finger-pointing masks officials’ failures, says Sarb’s Marcus
South African Reserve Bank governor Gill Marcus says knee-jerk reforms ignore failure of policymakers to raise standards before crisis; sober, measured approach to reform only credible way forward
Moodys: Japan SME CDO ratings to show stable to positive trends
Moody's report says large increase in Japan SME defaults unlikely as economy recovers
Volatility helps German structurers offer attractive returns
The problems in the eurozone are unleashing volatility across the continent's indexes, thereby making it easier for bankers in Germany to offer good coupons on autocallables
Vanguard creates ETFs on equities, fixed income and property
Vanguard has increased its US ETF offering with the addition of a host of new products based on the benchmark S&P 500 and Russell 2000, and including equities, fixed income and property
IASB positive about progress on new loan loss standard as consultation ends
The findings of a group of credit risk experts should help IASB staff find a way to make its proposals operational, board member John Smith tells Risk
MD of supervision to leave FSA before restructure in 2011
Jon Pain to step down from UK regulator before proposed changes take effect next year
BNY Mellon names chief administrative officer for Asia Pacific
The US bank views the appointment as critical to ensure its infrastructure is in place to meet aggressive growth targets in Asia
Chinese banks pass extreme loan default stress test
Asian banks generally are well capitalised and look set to ride through the eurozone debt crisis with few problems, says Moody's