News
Denmark to introduce Solvency II shocks to insurer capital requirements
Firms warn regulator against setting an unduly ambitious timeframe for implementing new standard methodology
SEC lifts hedge fund ad ban amid some uncertainty
The Securities and Exchange Commission has voted to adopt the Jobs Act rules on advertising private offerings but hedge funds will have to jump through regulatory hoops to take advantage of the change
Indian regulators clamp down on forex futures markets to dampen rupee volatility
Measures to reduce Indian currency volatility may prove a short-term boost to domestic OTC markets
BP registers as swap dealer
BP registers its US-based energy trading subsidiary as a swap dealer, becoming the first oil and gas major to opt for dealer status under Dodd-Frank
Insurers struggling with move to OIS discounting
Lack of consistency in dealer practices means many insurance firms are sticking with Libor discounting for now
Early-warning indicators needed to address failings in Solvency II - PRA chief
Effective and prudent solution needed on Solvency II matching adjustment, says Bailey
Op risk models provoke concern at conference: video
Highlights from this year's OpRisk Europe conference
Asian institutional investors wary of Basel III-compliant bonds' risk profile
Issuance of Basel III-compliant bonds in India likely to be followed in Australia and Malaysia but investors are cautious of potential dangers
‘Sef-lite’ environment remains confusing for platforms
Market participants still unclear on the implications of the requirement for multibank platforms trading non-cleared swaps to register as swap execution facilities
Asia's banks face $1 trillion Basel III capital shortfall, says DBS chief
Banks in the region may struggle to find the capital to support balance sheet expansion if economic growth continues
Basel Committee may look to floors and fixed parameters
Committee may introduce new floors on internal model outputs, after a report on RWAs for credit risk in the banking book found wide variations in bank practices
Regulatory obstacles hamper China securitisation market
New rules aim to promote the market but banks still prefer the WMP route
New Dutch capital requirement 'conceptually flawed' warn insurers
Life insurers’ capital position to be gauged against capital standard calculated using Solvency II shocks
CFTC extends no-action relief for reporting of Asian counterparties
Masking of counterparty name extended to June 30, 2014
Power proves a tough choice for Australian regulators
Supervisors must decide whether to include electricity in derivatives reform despite high prices and industry opposition
Deutsche closes down 36 ETFs and ETCs to “tidy up” its product range
Products with €110 million of assets under management will be shut down as the bank has not seen sufficient client demand
UK government's threat to jail bankers may be empty
Too difficult to prosecute "reckless" bankers, lawyer warns
FTT would ‘drain financial resources’, GFXD research claims
The global FX division is upping its lobbying efforts to have forex derivatives carved out of the financial transaction tax with new research that shows the potential impact of the tax on transaction costs
Prudential Financial Sifi appeal ‘futile’
US insurers face re-designation if initial determination overturned
Trade finance at risk from financial crime, FCA warns
UK regulator says 'significant room for improvement' needed at most banks
FCA narrows AIF definition for SPVs
The UK regulator calms reclassification fears by exempting SPVs that issue debt securities from being classed as alternative investment funds
SEC needs to communicate better with whistleblowers, expert warns
Poor communication with whistleblowers could discourage people from coming forward, say legal experts
Trade rejections spark clearing document rethink
Industry group considers changes to the standard cleared derivatives execution agreement, following concerns that dealers have the unilateral right to terminate rejected cleared trades
No CVA exemptions in US Basel III rules
Europe isolated as US regulators opt for broad counterparty risk charge