News
Thai sovereign entities to hedge out legacy yen exposures as baht strengthens
Recent mark-to-market gains on legacy yen-denominated loans make now a tempting time to hedge, according to Thai market players
Emir futures margin rules create 'regulatory arbitrage'
Clearing house and commodity traders voice concerns about European firms going to US due to Emir CCP standards
Insurers target value-in-force monetisation transactions to boost regulatory capital
But securitisations still a challenge, say experts
Private sector ‘falling short’ on disaster resilience, UN warns
Private investment in risky areas is tempting disaster, UN report says
HSBC preps international prime finance service
HSBC's plans to establish a global prime services platform will culminate with the launch of a full international prime finance service for US hedge funds in 2014
Swap dealers struggle with Isda protocol compliance
Failure to meet deadline for earlier protocol puts banks on the back foot for compliance with next round of rules
Senior FCA official sees cause for concern in RDR implementation
A senior official at the UK Financial Conduct Authority said the regulator sees shortcomings in the way some market participants have responded to the Retail Distribution Review
Ucits’ future in Asia questioned
Ucits has enjoyed unprecedented success penetrating Asia but the party may be ending for the investment vehicle as three Asian initiatives prepare to challenge the European brand
CFTC approves Sef rules - and eyes block trade controversy
As agency approves long-awaited final rules on Sefs, CFTC staff say they could strip exchanges of freedom to set futures block thresholds
SEC names new chief of staff
Lona Nallengara replaces Didem Nisanci, who left in December 2012
Uridashi knockouts push Japan dividend futures to outperform Nikkei
Inverted yield curve provides rich pickings for investors
Structured Products Nordics: Swedish state secretary calls for greater transparency in retail sales
Conference hears that investors should not have been sold some structured products because they are too expensive and opaque, while Finansinspektionen announces paper detailing what it expects of distributors
Indian hedge funds barred from investing in currency derivatives to check rupee volatility
Sebi bans the newly formed local hedge fund industry from forex and commodity derivatives to curb speculation in these markets.
Singapore to implement Fatca after agreeing IGA
Singapore agrees to sign up to Model 1 intergovernmental agreement to implement Fatca
Energy Risk USA: Firms optimistic about California carbon market
Energy market participants upbeat about development of California emissions market, despite legal threats
Energy Risk USA: Energy market participants struggle with reporting
Dodd-Frank rules on swap data reporting creating a headache for energy market participants
The OCC’s Levonian on stress-testing
Stress-testing has become a vital tool for financial institutions and regulators, says the OCC’s senior deputy comptroller for economics
Corruption and bribery in majority of financial institutions across EMEIA, survey finds
Corruption and bribery remain a serious problem, according to EMEIA survey respondents
Drop in Hong Kong Prada share volume highlights dangers of transaction taxes
Daily turnover in Prada shares listed on Hong Kong Exchange has dropped by over 30% since introduction of Italian financial transaction tax two months ago
Energy Risk USA: Official sheds light on Ferc manipulation sleuths
Ferc is now monitoring markets in near real time for evidence of manipulation, warns enforcement official
Europe should consult on Emir equivalency – SEC official
The EC and Esma should consult on the process for determining equivalency with Emir, says Eric Pan of the SEC
Iosco offers general and specific principles to deal with equity and benchmark indexes
Iosco has confronted the 'one size fits all' debate in its draft Principles on Financial Benchmarks, the responses for which are due today (May 16)
Energy Risk USA: O'Malia urges CFTC tech overhaul
CFTC must revamp its technological infrastructure to cope with a flood of swap trade data, says commissioner
Australian insurers and banks gear up for regulatory changes
Regulator seeks harmonised risk management and governance across the industry