News
Europe should unite or die, says Lowe
NWE market coupling delays highlight need for robust EU energy regulator, says former EC director general
Thousands of derivatives users not ready for Emir reporting
Number of legal entity identifiers is sitting at 83,337 – well short of the required total, which is estimated at anything from 100,000 to one million
Lloyds' £1.8bn PPI provision shows cost of failure still rising
Lloyds Banking Group allocates another £1.8 billion to PPI compensation, as banks face new £1.3 billion bill for identity theft protection mis-selling
Commission proposals to ease look-through rules ‘require clarification’
Exception in draft Level 2 text could exclude active funds
Insurers hunt for 'scale premium' in infrastructure assets
Size and tenor of deals grow in importance as illiquidity premium fades
Basel securitisation rules revisions criticised
While the December proposals incorporate many of the industry's comments, banks claim the rules are still too harsh
Credit unions wish Fatca 'did not exist'
Fatca compliance burden stretching further
US energy firms facing Dodd-Frank trade reporting ‘nightmare’
Differing approaches of swap data repositories haunt energy companies trying to reconcile trades
Role change for Kinol as Credit Suisse plans new trading venture
Jon Kinol will lead a new electronic market-making project, leaving David Tait as sole head of the bank’s macro products group
People: Deutsche Bank hires Nomura’s Neal for listed derivatives
Deutsche Bank hires Nomura’s Neal for listed derivatives
Isda forced to rework year-old standard CSA
Regulation hits key element of landmark collateral contract - but planned revisions will reintroduce settlement risk
Asset managers lure insurers with new exchange-traded funds
Insurers predicted to increase ETF exposure
Prips proposals panned by leading industry group
A group of leading investment banks is inveighing against proposals by European authorities, including a plan to assign a single risk indicator to structured products
Goodhart: Regulatory reform 'won't stop next crisis'
An LSE audience hears predictions of a new credit crunch in 2025
American Airlines to stop fuel hedging after merger
US Airways policy of not hedging jet fuel will now extend to American Airlines, says chief executive
UK power reforms set to make prices lower and more volatile
Market participants not doing enough to adjust to likely effects of EMR, say experts, including volatility and low prices
Proposals for stable Solvency II credit risk adjustment 'good news' but floor sparks controversy
European Commission's unofficial Level 2 draft disregards insurers’ calls for the adjustment to be capped
European CCPs overhaul futures margin models
Some clearing houses are pushing up margin requirements to address procyclicality concerns - but no change is planned at CME or Eurex
Many firms will not meet Emir reporting deadline, says Isda's Pickel
Market participants relying on regulatory forbearance, Isda chief executive tells legal conference
HSBC deregisters Asian arm as a swap dealer due to lack of US person trades
Unlikely that any Japan or Australia banks will follow suit
Simple indicators better for regulators, BoE economist argues
The experience of the 2008 crisis shows that leverage ratios are better warning signs than more complex measures such as capital ratios
Transatlantic tug-of-war puts European hedge funds in "impossible position"
Some funds will have to comply with Dodd-Frank and Emir simultaneously
Singapore facing substituted compliance ruling following J. Aron swap dealer registration
Move by Goldman’s commodities subsidiary could trigger CFTC ruling
Iosco secretary-general slams US and Europe as 'regulatory sharks'
Global securities regulator says both entities need to take a longer-term view