News
Mandating clearing will have little impact on Australian market development
Australian regulators are looking at whether to mandate clearing of OTC derivatives, but the market is already moving to clear without a mandate in place
FX prime brokers forced to terminate double give-up trades
Prime brokers have had to cancel four-way agreements for trades involving two buy-side firms, on the basis that a no-action letter issued by the CFTC on April 30 did not cover this type of business
EC recognises member state fears that FTT will hurt clearing
Tax liability could send CCPs "directly into insolvency" warn Czech officials in leaked document
People: Regan quits Asia CRO role at JP Morgan
US bank loses new regional CRO after just three months; HSBC unifies inflation trading business under Mirfendereski; Min Park replaced at Credit Suisse; forex hires at Bank of Montreal
US securitisation groups seek clarity on June 10 clearing deadline
US clearing rules do not exempt SPVs, but industry is split on whether other exemptions - for unclearable swaps - would apply
Extraterritorial EU legislation likely to be ‘particularly onerous’ on Asia – Asifma
Extraterritorial aspects of European legislation such as Emir likely to be keenly felt by Asian firms, says Asifma
Photo gallery: Performance awards (over one year)
13th Annual European Single Manager Awards 2013
Photo gallery: Qualitative awards
13th Annual European Single Manager Awards 2013
Photo gallery: Emerging manager performance awards
13th Annual European Single Manager Awards 2013
Photo gallery: Long-term performance awards 2013
13th Annual European Single Manager Awards 2013
Photo gallery: Alternative Ucits performance awards
13th Annual European Single Manager Awards 2013
Banks urged to increase money laundering scrutiny of digital currency use
Charges of money laundering against Liberty Reserve is warning to banks
Fears tougher FCA Arrow visits will "distort banks' risk priorities"
UK regulator said to be losing focus during on-site visits
Ferc chief Wellinghoff to step down
Chairman who presided over more aggressive stance on power market manipulation to step down, agency says
Volcker: Regulatory split creates ‘indecision and stalemate’
Division of financial supervision among US agencies is impeding Dodd-Frank reforms, says ex-Fed chairman
Life and Pensions Nordics: Insurers call for clarity on interim measures
Swedish regulator will not make guidelines legally binding on firms
Life and Pensions Nordics: Interim measures 'not undemocratic' – Eiopa
Guidelines 'necessary for convergence' but fears of two-speed implementation
Prop trading no longer an option for dealers, says Masters
Commodity businesses must have broad client base to absorb increased regulatory costs, says JP Morgan commodities head
Asean Risk 2013: Use of credit ratings in Basel III provides risk weighting that ‘defies logic’
Economic fundamentals, not credit ratings, should drive Basel III risk weightings, argues CIMB markets head
Eiopa developing early-warning indicators to monitor internal models
Indicators needed to identify situations where a firm's model no longer meets Solvency II calibrations, saya Eiopa
US expected to take third way on CVA charge
Federal Reserve will not mirror European exemptions but could instead modify treatment of CVA and market risk hedges, industry sources say
Sef rules continue to raise questions
Market surprised by change to swap execution facility rules, after final requirements were approved on May 16
Cern Pension chief urges others to ‘think like global macro hedge funds’
CEO of the Cern Pension Fund Theodore Economou says pension funds should use the techniques of the best global macro hedge fund managers to control risk and volatility while producing absolute returns
Winners announced for European Single Manager Awards 2013
2013 winners include BlueCrest’s Leda Braga for outstanding contribution to the hedge fund industry. Others honoured include Cern Pension Fund, Winton’s David Harding as well as some big-name funds