News
Risk.net poll: global Sifi status is desirable, say 31% of respondents
Risk.net poll: global Sifi status is desirable, say 31% of respondents
Rolls-Royce completes £3bn longevity swap deal
Deal is latest in longevity swap trend that has seen more than £11 billion in pension scheme liability risks transferred to banks and insurers
Bank of England sets out code of practice on electronic trading
Members of the FX Joint Standing Committee comment on the recently reviewed Nips code, which includes a new section on electronic trading
Cyber Security Strategy needs regulatory backing, expert says
UK government's Cyber Security Strategy release needs regulatory backing, according to one industry expert
Inflation-linked structured products on the menu for UK investors
UK distributors are capitalising on rising inflation with structured products that offer returns linked to the Retail Prices Index
StanChart’s global head of Ficc departs
Remy Klammers has left Standard Chartered and is understood to be starting his own business
Volcker rule delays likely as opposition grows
Rule may slip up to two years before full implementation, following criticism
Deutsche's Sutton: industry must collaborate on Fatca front
The industry must come together to prepare for US anti-tax evasion regulations in the same way it has collaborated on the legal entity identifier project, according to Deutsche Bank's Julia Sutton
ECB offers CSDs financial incentives for early T2S adoption
European Central Bank offers central securities depositories (CSDs) financial incentives to sign up to T2S early; governing council gives CSDs until the end of April to agree
Banque de France outsources collateral management
French central bank agrees collateral management deal with Euroclear France; entire French banking community will use new system next year
Tough Middle East sanctions put AML under spotlight
Banks' anti-money-laundering processes will come under scrutiny in the face of tougher sanctions in the Middle East
German CDS spreads level out after weak debt auction spooks markets
Cost of insuring against a German government default remains stable after yesterday’s lacklustre debt auction, but risk perceptions on German banks surge
EU financial transaction tax proposals would hit pensions hard, say experts
Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds
Fatca costs will fall on European firms, says JP Morgan exec
Head of European sales says new legislation produces an "untenable situation" where if clients choose to be non-compliant, firms will have to disengage from them
Commission unveils contentious Eurobond proposals
European Commission unveils three options for Eurobonds in bid to restore stability in Europe; analysts say the measures are politically unviable and ineffective
Swiss regulator to limit insurer internal model use
Finma to increase focus on standard model for Swiss Solvency Test after underestimating resources needed to approve internal models
Korean regulator seeks further crackdown on ELW market
Financial Services Commission considers restrictions on liquidity providers to cool down Korean warrant market
Credit Suisse launches algo index platform with bespoke systematic strategies capacity
Credit Suisse has launched an algorithmic platform that enables the creation of customised indexes based on liquid and listed instruments to give investors access to systematic equity investment strategies
Long-time Madoff employee charged with fraud
SEC charges another Madoff executive for his role in the multi-billion dollar Ponzi scheme
Adoboli given extra month to respond to 'rogue trading' charges
Ex-UBS trader Adoboli's plea hearing has been adjourned until December
Structurers must work harder to dispel structured products' risky image, warns industry
Failure to meet the needs of investors means many people still view structured products as risky investments
EU proposals for credit ratings rules require close monitoring by hedge funds
Draft language could affect the way hedge funds perform their own internal credit analysis
O'Sullivan quits SG CIB
Co-head of forex trading has left the French bank after relocating to New York earlier this year
Structured Products Europe: volatility-based products come out of the shadows
Volatility was at the heart of the conversation at the Structured Products Europe conference in Frankfurt on November 21. Though whether volatility-based structured products will ever be sold in large volumes to retail investors in Europe continues to be…