European Commission (EC)
Hitting the groundwork
As head of the EC’s financial markets infrastructure unit, Patrick Pearson is leading the effort to draw up new European legislation for derivatives. He talks to Risk about the progress of that effort and the importance of aligning the rules with similar…
QIS 5 - Making political capital
With the fifth quantitative impact study looming, Ceiops has released its final advice for Solvency II’s level two implementation measures to howls of indignation from the industry. The SCR standard formula’s calibration risks driving a wedge between…
EU reform: the devil’s in the detail
It’s all very well to make grand statements about the need for a new financial supervision framework in Europe, but can the EU work out the practicalities of reform?
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets.
Chinese CER market in pricing limbo post Cop15
The market for long-term Chinese generated certified emission reductions (CER) units is in a pricing limbo, after China, the world’s largest carbon emissions emitter and one of the largest developers of clean development mechanism (CDM) projects, failed…
Europe North Sea grid seen furthering market coupling
The European Commission is set to build the largest transnational power network of its kind, after announcing it is planning a massive electricity grid to run under the North Sea.
Consequences of the cleanup
The UK Financial Services Authority must bolster laws designed to protect investors while ensuring that it takes these actions in sympathy with regulations being introduced at a European level. Richard Jory reports on the actions of the regulator and the…