European Union (EU)
Iran to remain biggest short-term risk to oil prices in 2012: analysts
The developing situation in Iran will continue to be the biggest short-term driver of oil prices, as the EU prepares to potentially join the US in sanctions on Iranian crude and the closure of the strategic Strait of Hormuz remains a threat, say oil…
Conservatives take CCPs to heart after UK/EU split
David Cameron's demand for the UK to be exempt from an ECB policy on clearing houses helped prompt last month's split with the EU - and is earning applause from eurosceptic Conservatives
Banks face heavy burden from sanctions in the Middle East
Sanctions side-effects
Bonus certificates lose their shine
Bonus certificates lose their shine
Leaked EU data privacy laws cause conflict with Fatca
Industry experts warn stricter EU data privacy laws might have implications for Fatca
EU financial transaction tax proposals would hit pensions hard, say experts
Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds
Greek reversion to drachma easier than euro conversion, say analysts
If Greece were to leave the eurozone it would have to establish a new currency in record time; analysts explain how the process would be simpler today due to technological advances
EU member states want to use judgement to set buffer rules, says working paper
EU Polish presidency paper highlights concerns over aspects of the counter-cyclical capital buffer rules under CRD IV
Energy Risk CEE: New EU regulations create confusion for firms, says panel
A new alphabet soup of financial services and energy market regulations are making firms nervous about their ability to comply, said panellists at Energy Risk's Central and Eastern Europe conference
Acer to issue guidelines to clarify Remit definition problems, says Pototschnig
The head of the Agency for the Cooperation of Energy Regulators says new non-binding guidance will appear shortly after the Remit regulation is published in the EU's official journal
Regulators plan co-ops as answer to OTC fragmentation
CLS Bank-style regulatory council could be applied to trade repositories and CCPs to avert market fragmentation, but French regulators are not convinced
Risk USA: US regulators “scared to death” by eurozone debt crisis
The sovereign debt crisis is a concern, but direct US bank exposure is manageable, says senior OCC official
CDS: not dead yet
CDS: not dead yet
Dealers predict CVA-CDS loop will create sovereign volatility
A recipe for disaster?
Europe's democracy deficit contributing to crisis
The democracy deficit
Eurozone deal brings relief in forex spot and options
Risk sentiment appeared to make a comeback in forex markets yesterday, as options volatility fell from record highs and the euro rallied in response to the deal announced after the Euro Summit in Brussels
Energy firms need to gear up for Remit insider-trading rules, lawyers warn
As early as December, energy trading firms could be subject to a compliance regime for Europe's complex - and confusing - new insider-trading rules
Regulatory experts say EU's naked CDS ban is ill-judged
The new rules are "another instance of the authorities blaming the wrong people and imposing the wrong policies", says Cass's Ian Marsh
Esma outlines aims for regulatory consistency
Consistent effort
Energy Risk Europe: energy trading firms' technology not ready for new rules
Many energy trading firms have yet to begin getting the technological infrastructure in place to comply with new EU and US financial market regulations, say panellists
Energy Risk Europe: Remit language too loose, say panellists
Weaknesses exist in the language of new rules meant to prevent use of insider information and other forms of market abuse in the wholesale energy sector
Profile: Daniel Gros on political risk and Europe's debt crisis
Time for a European Monetary Fund
Eurozone debt crisis: facing up to the risks of political uncertainty
The risks of political uncertainty
Airlines face 82-million tonne shortfall of carbon allowances in 2012
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy