News
FIA-Isda group runs rule over Sef credit check plans
The OTC market still does not know how to provide certainty that a trade will be cleared - but an FIA-Isda meeting in New York gave attendees a chance to look at what is on offer
Cofunds appoints new risk and compliance director
UK investment platform Cofunds appoints Paul Miller as risk and compliance director
Non-bank commodity traders should adopt Fed letter commitments, says BP executive
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
Bank of England urged to buy bank bonds if further QE implemented
Pension Corporation warns that second round of gilt purchases under quantitative easing would be detrimental to pension funds
Industry to make 11th hour plea over Emir scope
The EU council text of Emir could be voted through next week, but a group of industry associations will plead for a late - and controversial - change
Energy Risk Asia: Dodd-Frank could hit Asian energy firms hard
Panellists at the Energy Risk Asia conference voice concerns over the extraterritorial implications of the Dodd-Frank Act
Audio: Hedge funds face funding squeeze under Vickers report recommendation
UK-based hedge fund management companies could have problems accessing working capital if a provision in the ring-fencing chapter of the Independent Commission on Banking (Vickers report) stands
UK’s FPC changes tack on capital requirements
Loosely worded document does not clarify FPC’s demands on banks; new regulatory body asks for more powers in new legislation
HFT is changing the ecology of the forex market, says BIS committee
Bank for International Settlements report on high-frequency trading in the forex market is lukewarm about recent initiatives to monitor HFT, and recommends further analysis by regulators and participants
Demand for active strategies and sector cherry-picking set to remain strong in commodities
Volatile commodity markets are boosting the use of dynamic and active strategies to access the asset class, with a greater emphasis on direct exposure to particular sectors and underlying selection
Video: Industry experts clash over whether to publish liquidity ratios
A Basel III conference panel disagree over whether banks should publish liquidity coverage ratio and net stable funding ratio estimates now, even though the final rules are not yet agreed
Demand for CPI-linked gilts predicted as fragmentation concerns are downplayed
Demand for CPI-linked gilts predicted as fragmentation concerns are downplayed
Pension fund liabilities could soar as Bank of England hints at second round of QE
Pension fund liabilities could soar as Bank of England hints at second round of QE
Insurers could withstand Greek and Italian default, says Fitch Ratings
Insurers could withstand Greek and Italian default, says Fitch Ratings
Swiss Re: pharmaceutical and care-home sectors could provide capacity for longevity swaps
Swiss Re: pharmaceutical and care-home sectors could provide capacity for longevity swaps
Liquidity swaps face uncertain future as FSA consults on risk management
Liquidity swaps face uncertain future as FSA consults on risk management
Cool response to Esma proposal that strategy indexes comply with Ucits diversification rules
The European Securities and Markets Authority has asked whether diversification within strategy indexes should be judged within the confines of Ucits, while also requesting responses to a discussion paper on synthetic and physical ETFs
Bank of England's FPC seeks to unlock Basel III tool-kit
Systemic risk committee at the Bank of England calls for power to use tools - such as liquidity and leverage ratios, and margin standards - to influence systemic risk
Agreement closer on 2014 implementation date for Solvency II
Transitional provisions must still be agreed
Investment club manager guilty of $40 million fraud
A Michigan-based investment club manager has pleaded guilty to fraud after losing $40 million invested by more than 750 clients
RBC Capital to pay $30.4 million to settle charges
RBC Capital is charged with misconduct in the sale of CDOs by the SEC
Auditors to be changed every nine years, EC proposes
Leaked draft EC regulation demands sweeping changes in auditor regulation
HFT is changing the ecology of the FX market, says BIS committee
Bank for International Settlements report on high-frequency trading in the FX market is lukewarm about recent initiatives to monitor HFT and recommends further analysis by regulators and participants
Risk.net poll – UK Treasury is right over ECB lawsuit
Respondents to a Risk.net poll support the UK Treasury’s decision to sue the ECB over its proposal to require CCPs clearing euro-denominated contracts to be legally incorporated in the eurozone