European Union (EU)
ECB policy would shatter big CCPs, critics warn
Plans to have CCPs based in the jurisdiction of the currency they clear would pull apart multi-currency services, experts warn, after UK Treasury challenges ECB
BIS calls for greater vigilance over sovereign risks
Bank for International Settlements Quarterly Review warns weaker global growth outlook risks fuelling sovereign debt crisis
Greece tranche decision delayed until October: Juncker
Eurogroup chairman Jean-Claude Juncker says decision to release sixth bailout tranche to Greece will be delayed until October; sovereign may default sooner than expected, says analyst
The new ‘Eurobond’ – the eurozone’s last hope?
As Europe’s sovereign debt woes deepen, markets are increasingly speculating over the need for a new ‘Eurobond’, guaranteed by all euro member states. Tanuj Khosla from 3 Degrees Asset Management looks at how such a bond might work
Financial institutions adhere to Middle East sanctions
The recent uprisings in the Middle East have presented increased challenges for financial institutions doing business in the region. Institutions have been required to react to and comply with imposed international sanctions
Risk.net poll: Orderly restructuring most likely scenario for Greece
Almost half of poll respondents believe Greece will undergo an orderly restructuring in the short term, perhaps leading to a selective default
VIDEO: Custody Risk discusses the alternative funds industry in Luxembourg with ALFI
Melanie White speaks to Charles Muller, deputy director general for the Association of the Luxembourg Fund Industry (Alfi).
Omnibus II set to push back Solvency II implementation even further
The art of compromise
Fears mount over political interference in commodities
Many commodity traders are worried about potential political interference in markets and prices as France’s Nicolas Sarkozy and US President Barack Obama call for regulation of the sector.
Eurozone authorities are losing credibility – CNB’s Singer
Credibility is key in crisis resolution and European authorities are failing to achieve, warns Miroslav Singer, the governor of the Czech National bank
Council of Europe pushes full implementation date of Solvency II back to 2019
Full impact of Solvency II’s interest rate term structure will not be felt until seven years after the directive’s introduction
Sweden's IFA distribution model looking good for structured products
Eyeing Sweden's IFAs
Credit risk
Special report
Greek crisis poses problems for CDS market
The pros and cons of restructuring
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
Sheer volume of new regulations is 'risk in itself'
Banks struggling to cope with implementing the wave of new legislation might miss indications of another crisis
UK power execs debate $325 billion investment requirement
An uphill struggle
Stress ahead for European insurers
Ready for the roll-out
Mifid’s tough line on investor protection worries dealers
A sense of propriety
Editorial: define complex
Editorial: define complex
New regulations leave retail structured products on shaky ground in France
One step forwards, three steps back
Standard & Poor's changes US outlook to negative
Ratings agency cites growing deficit and debt as rationale behind the change
Isda AGM: Esma committed to G-20 clearing deadline, says Maijoor
New authority will conduct cost-benefit analysis to decide which derivatives should be cleared - but G-20 deadline is not negotiable, says Esma chair in first public speech