News
CFTC backs down on FCM residual interest rule
CFTC softens post-MF Global reforms to rules on segregated customer funds held by futures brokers
Asia Risk Congress: Asian dealers switch to London venues following Sef introduction
Sef rules are leading to regulatory arbitrage according to Asia industry players
Asia Risk Congress: Iosco's Singh calls for global regulatory institution
Global regulations need a worldwide regulatory body to monitor to them
Rabobank fined $1 billion for Libor failings
Dutch bank the latest to pay for benchmark manipulation
Fatca FFI draft agreement finally released
Long-awaited document sheds light on compliance requirements
Pooled fund clearing questions vex CVA desks
Dealers and pension funds still waiting for clarity on whether hedging vehicles are covered by Europe's swap clearing exemption
BSI standard promises protection against bribery liability
New UK national standard will serve as a defence against charges of inadequate anti-bribery precautions
JVB name to remain after merger with PrinceRidge bolsters structured products
The two structured products distributors will operate as a single entity after parent company announces redundancies affecting 20% of staff
New Swedish discount curve rejects Solvency II methodology
Extrapolation method changed following concerns Smith-Wilson method impractical
Commission looks to review clause to close deal on Omnibus II
Extensive safeguards and supervisory controls to be built in to Solvency II long-term guarantees package, says Commission’s insurance head
G-30 call for better scrutiny of bank boards
Financial leaders urge supervisors to assess the culture of banks
Taiwan structured product issuance up 70% in 2013
Driven by stronger retail and corporate demand, the Taiwanese structured product market has seen a significant increase in activity
Deutsche Bank's €94 million CVA loss was "good business", dealers say
Big loss was accompanied by even bigger capital saving, traders point out. Other banks now working out their own policy on controversial capital charge
Correlation suggests ‘return to normal’ for commodities
Commodities are being increasingly driven by market fundamentals, say analysts, forcing investors to search harder for returns
Structured product liquidity could lead to speculative trading, says former UK SPA chairman
A liquid structured products market would be great news for investors but the industry needs to consider the consequences, say market participants
Risk USA: debate continues over defining reputational risk
Negative events may not damage financial institutions' reputations, conference hears
Crédit Agricole transfers equity derivatives portfolio to BNP Paribas
'Normal service’ to resume in January 2014 following the transfer of the €12.5 billion portfolio to BNP Paribas
No agreement in crucial Solvency II negotiations
Further trilogue scheduled as inconclusive negotiations continues uncertainty over Omnibus II package
ComFrame must build on existing regulations, say insurers
Prescriptive international regime would be 'very challenging' for firms
PRA U-turn on reporting in Solvency II guidelines implementation
Proportionality concerns remain as narrative reporting to be included in UK preparatory phase
Standardisation needed in Sef reporting conventions
Sefs agree a lack of clarity on reporting requirements has created an inconsistent and fragmented view of trading activity
Risk USA: Deutsche Bank's 'painful' living will process
German bank tells of challenges posed by regulators' recovery and resolution requirements
EM currency notes finding buyers even after rout
European private bankers say investors are still going long emerging market currencies via structured notes, even after some of the currencies plummeted in value earlier this year