News
UK data protection changes turn tables on firms
Regulators are increasing pressure on UK firms to demonstrate data protection compliance
Commerzbank latest firm caught out by FSA for transaction reporting failures
Commerzbank has been fined £595,000 for failing to provide accurate and timely transaction reports
BarCap launches nine commodity ETNs
Barclays Capital launched exchange-traded notes (ETNs) in Europe on Tuesday, listing 12 new ETNs on the London Stock Exchange (LSE), consisting of nine commodity exchange-traded products and three notes linked to volatility indexes for equities.
Saudi Arabia global oil exports to wane post-2010
Saudi Arabia’s long-standing status as a swing producer of crude oil could be drawing to a close according to the head of national oil company Saudi Aramco.
OTC reform could strengthen support for energy position limits
The debate over derivatives regulation could provide momentum for the Commodity Futures Trading Commission (CFTC) to impose position limits on energy trading proposed in January.
CFTC approves film futures despite Hollywood protests
The US Commodity Futures Trading Commission approves exchange-traded film futures, but the industry and Congress might block the business before trading can begin
Property swap analysis could have softened commercial property market crash
Implied total returns suggest UK property market was overheating in 2006.
Isda AGM: collateral drops 20% with market rebound
As the markets recover from the crisis, counterparties are using much lower levels of collateral, an Isda survey has found.
Isda AGM: Reform bill misgivings aired
A speaker from BAML calls for delays to US financial reform proposals.
Isda AGM: 'Trepidation' over central clearing, admits CME
Uncertainty over the final shape of regulatory reform is reportedly making buy-side firms wary of committing to central clearing.
Isda AGM: Greek CDS reflects fundamentals, says UniCredit's Lim
High credit default swap spreads on Greece reflect real concerns, not speculation, and demonstrate the product's usefulness, Isda heard on Friday.
Committee hears of rating agency inertia as crisis built
Agencies were too slow to update ratings models during the crisis, Senators were told today.
Rating agencies under fire again in Congress
Research due to be presented today to a Senate subcommittee shows major rating agencies gave optimistic credit ratings to keep profits high.