News
PRA wrestles with early-warning indicators calibration
Calibration for general insurers and with-profits funds frustrates regulator's progress
Energy traders breathe sigh of relief over Mifid II position limits
Mifid II exemptions for physically settled power, gas, coal and oil greeted by European energy traders
OTF transparency waivers survive final Mifid debate
European disclosure regime for derivatives platforms diverges from that in US
EMR may rescue UK renewable PPA market
UK Electricity Market Reform expected to give boost to flagging power purchase agreement market for renewable generators
Banks ask Basel Committee to delay trading book impact studies
Completing the two studies on schedule will be "nigh-on impossible" bankers claim – but regulators are thought to be wary of a postponement
European insurers return to peripheral sovereign debt markets
High yields and low volatility driving comeback from core-Europe firms
Dealers reassess Korea ELS market as equity risk builds up
Equity-linked underlyings moving to Euro Stoxx 50
Group supervisors ‘lack teeth’ for regulating international insurance groups
Rights and responsibilities of supervisory colleges should be clarified, say insurers
Fixed income specialist Coherence Capital names senior portfolio manager
Coherence Capital Partners makes senior portfolio manager appointment as Legal & General Investment Management names two to its asset allocation team in tactical asset allocation research and strategy
CBOE to extend US Vix trading to Asia hours
Extension may lead to greater range of Asia-specific volatility products
OCC governance and risk guidelines inadequate for larger banks
Agency fails to differentiate requirements for largest banks
Lack of hedging options for RQFII ETF market-makers
Difficulty in accessing onshore market means liquidity providers are having trouble hedging China A-share exposure
Fed moves to rein in US banks’ physical commodity trading
Under pressure from politicians, the US Federal Reserve floats proposals to tighten rules on banks in physical commodities
UK and EC clash over forex reporting exemption
The FCA and EC diverge over whether certain forex derivatives are subject to mandatory reporting
FCA names 'skilled persons' for RBS lending review
Promontory Financial and Mazars will examine evidence
Insurer global capital standard unfairly constrains loss-absorbing capital instruments
Narrow definition of qualifying capital conflicts with existing regulatory regimes, experts warn
WEF Global Risks report warns of internet 'trust crisis'
Loss of trust in internet could equal 2008 credit crunch, report warns
JP Morgan finally paying cost for unethical behaviour, expert warns
JP Morgan's fourth-quarter loss highlights reputational impact of scandals
Banks and regulators 'must take Bitcoin more seriously'
Industry unclear on future of Bitcoin
L&G blames low interest rates as it quits UK retail structured products
Legal & General exits the market following a reported decline in sales, putting an end to its distribution of Barclays-backed plans
FDIC resolution powers won't stop bail-outs, say academics
Professors tell a US Senate subcommittee the liquidation rules will not help and may create more difficulties
Shanghai Clearing House becomes fifth in Asia to start OTC clearing
First CNY interest rate swaps cleared in China
HSBC, RBS and SG to offer delegated reporting
The trio join five other banks in offering to report clients' trades to a trade repository on their behalf
Reinsurance sidecars evolving as competition for third-party capital hots up
Sidecars mimicking ILS funds to lure investors entering collateralised reinsurance space