European Commission (EC)
Report recommends ways to tackle energy market manipulation
A new report has suggested a framework for identifying market manipulation, arguing further clarity will boost market liquidity
Change of governance
Change of governance
Deconstructing Emir
Deconstructing Emir
Basel III liquidity rules won't be watered down in Europe, says ACP's Nouy
Autorité de Contrôle Prudentiel secretary-general Danièle Nouy says looser language in the CRD IV draft won't ultimately mean weak rules in Europe
Position limits will feed risk into real economy, say energy companies
Energy market participants have expressed doubt that European position limits proposals will achieve reductions in market volatility, and warned of unintended consequences for end-users' risk management
OpRisk Europe: EBA calls for common approach on CRD
Bernd Rummel describes EBA push for Europe-wide approach to capital rules
Geithner letter to Hungarian minister weighs in on Emir open access debate
Market participants believe US letter endorses a narrowing of Emir scope, but a Treasury official says the letter draws attention to gap in regulation
Basel III liquid asset definitions loosened in CRD IV draft
Draft legislation seen by Risk contains less prescriptive language on what counts as an eligible liquid asset under the liquidity coverage ratio
Editorial: Another point of principle
Editorial: Another point of principle
JAC reaffirms retail structured products principles with bigger committee
JAC reaffirms retail structured products principles with bigger committee
Client clearing services slowly maturing
A clear path?
Esma gears up for Emir challenge
Esma essentials
Dealers weigh Sef strategies
Day of the aggregators
EU support for naked CDS sets up collision with Parliament
Draft text would allow uncovered CDS but sketches out new reporting regime that could spook hedge funds
Resolution regimes could cause bank CDS spreads to tighten
Credit analysts predict drop in credit default swap spreads under new bank resolution regimes
UK government backs expansion of Emir
Treasury minister Mark Hoban says listed markets should not be exempt from Emir's access and competition rules
European Commission 'unhappy' with Dodd-Frank extraterritoriality
EC official voices concern over the long arm of US derivatives rules
Esma chair fears clashes with US regulations
Maijoor says regulatory differences are unavoidable - but can be overcome
Structured products
Special report
Stress ahead for European insurers
Ready for the roll-out
Inconsistency could lead to arbitrage
Consistency is key
Mifid’s tough line on investor protection worries dealers
A sense of propriety
New regulations leave retail structured products on shaky ground in France
One step forwards, three steps back
The encroachment of Solvency II
The encroachment of Solvency II