News
CSRC’s Shang takes over from Liu at CBRC; industry veterans selected to head CSRC and CIRC
A round of new chairships was completed in October across three Chinese financial regulators in a move that saw the heads of two Chinese state-owned commercial banks promoted to lead the securities and insurance regulators
FSB unveils list of global systemically important financial institutions
Four Asian banks are among the FSB's initial list of global systemically important financial institutions, including three from Japan and one from China
Asset allocation plays 'thin on the ground' as UK market continues to favour FTSE
Amid tougher market conditions and regulatory scrutiny, FTSE-only products remain the norm for UK investors, but adapting to stricter regulations could strengthen structured products’ position as an investment proposition, say market participants
Acer to issue guidelines to clarify Remit definition problems, says Pototschnig
The head of the Agency for the Cooperation of Energy Regulators says new non-binding guidance will appear shortly after the Remit regulation is published in the EU's official journal
Amir-Mokri appointed to US Treasury
Cyrus Amir-Mokri is the new assistant secretary for financial institutions at the US Treasury.
Non-US banks stunned by Volcker compliance regime
Non-US banks stunned by Volcker compliance regime
Energy players assess MF Global fallout
MF Global’s bankruptcy is unlikely to significantly impact commodity markets, participants say, but could affect the Dodd-Frank rule-making process
Regulators plan co-ops as answer to OTC fragmentation
CLS Bank-style regulatory council could be applied to trade repositories and CCPs to avert market fragmentation, but French regulators are not convinced
Mifid II update: potential position limits and narrowed exemptions likely for commodity traders
Mifid II update: potential position limits and narrowed exemptions likely for commodity traders
Risk USA: Sifi rules would be a failure if banks don't downsize
Some banks want to be on the list of global Sifis – exactly the opposite to what the rules are intended to achieve, says former chairman of the Basel Committee standards implementation group
Risk USA: US regulators “scared to death” by eurozone debt crisis
The sovereign debt crisis is a concern, but direct US bank exposure is manageable, says senior OCC official
Risk USA: European banks need to change or suffer consequences
European banks need to reduce mismatches between their risk appetite and the risk appetite of investors, says Deutsche Bank chief credit officer
People: Apra's Wayne Byres named to Basel role
Basel Committee appoints Australian regulator
Central Bank of Ireland to reveal on soft fees for structured products in January
Structurers will need to reveal soft fees and provide more disclosure on conflicts of interest, says Central Bank of Ireland
Zurich CRO warns of 'complacency about pandemic threat'
The financial industry must give more consideration to pandemic risk, says Scott
ABI plans Solvency II impact study to highlight undesirable outcomes
Qualitative study will aid lobbying efforts in Europe, says trade association
CVA desks to keep buying sovereign CDSs – even if they never pay out
Even if CDS contracts are not triggered in Greek restructuring, Basel III's CVA charge ensures the market will live on - but episode raises fresh questions about design of capital framework, dealers say
FX Invest Middle East: Volatility is tough and unsustainable, say managers
Delegates at FX Invest conference in Dubai discuss Japanese intervention, the value of emerging market currencies and their outlook on volatility
Risk USA: Regulators need to be wary of capital overshoot, says Roldán
Adding to Basel III capital levels might have unintended consequences, says former chair of Basel Committee’s standards implementation group
Risk USA: Tarp compensation restrictions are a "sideshow", says Feinberg
Former Tarp special master doubts limits will change compensation behaviour
Risk USA: Regulators need different focus to risk managers, says SEC risk adviser
Different approaches taken by regulators and risk managers are justified, according the SEC’s Gregg Berman
People: Moritz Seibert leaves RBS Americas
Moritz Seibert leaves RBS Americas
Companies fail to address increasing scheme member longevity
For every extra year a pension scheme member lives, liabilities increase 3%, according to Club Vita's Gaches
FX Invest Middle East: Mena region dodges Arab Spring 'curveball'
HSBC's senior economist for the Middle East and North Africa tells delegates at FX Invest conference the region has dealt with two big challenges this year, but it stands in better shape than some developed economies