Financial Stability Board (FSB)
Comment: Mario Draghi, governor of the Bank of Italy
Incoming president of the European Central Bank warns against pressure to water down regulatory reform, in this edited version of a foreward to a new Risk book
OECD calls for a permanent risk body
With the increased global threat of risk in the financial and other systems, the OECD calls for a permanent risk body within its organisation
ETF providers hit back at 'hearsay' in the press and regulator concerns about synthetic ETFs
ETF providers have been angered by the continuing focus on synthetic ETFs by regulators such as the Bank of England and the IMF. But they are particularly concerned about the bad press coverage.
Bair bids bye-bye to FDIC
Bair bids bye-bye
Peer review needed to prevent regulatory arbitrage, says AMF
Clearing rules 'won't work' unless US and European regulators can agree on detail, says senior French regulator
Basel Committee takes tiered capital approach to Sifis
Systemically important solutions
Basel Committee will not impose CoCo requirement for Sifis
Basel Committee proposes a staggered common equity capital surcharge for systemically important banks, but steers clear of contingent capital
Risk India: ETFs set to grow in India, but regulators wary of systemic risk
A panel of experts at the Risk India conference in Mumbai believes the ETF market is set for growth in India, but expressed concern about synthetic products
Supervisors seek to manage shadow banking risks
Chasing shadows
Lookback
Lookback
State Street launches 12 ETFs in Switzerland
State Street launches 12 ETFs in Switzerland
Dealers fight back amid ETF regulatory scrutiny
Holding back the regulatory tide
ETF players plan association to counter regulatory concerns
Lyxor and Deutsche Bank invite other European ETF providers to join a conference call next week to discuss the setting up of a new industry body
Supervisors on the tracks of shadow banks
Chasing shadows
More ETF regulation expected following BIS, FSB and IMF scrutiny
In the week that three intergovernmental bodies turned their focus on the ETF industry, market participants say they see more regulation ahead
FSB concerned about counterparty and liquidity risk in ETF market
FSB warns of counterparty risk due to rapid growth of synthetic ETF market; also expresses concern about on-demand liquidity in stressed conditions, particularly linked with vertically integrated providers.
Basel Committee’s Walter: Consensus reached on method to identify Sifis
The Basel Committee has now agreed on criteria for banks posing systemic threat; FSB agrees on accelerated timetable for G-20 recommendations
Regulators may keep it simple for Sifi selection
Regulators may keep the rules simple for Sifi selection process
FSB criticises industry for lack of progress on risk disclosure
Financial Stability Board says more action needed on liquidity, counterparty, structured credit disclosure practices
NY Fed’s Krieger: liquidity backstop for shadow banks vital
New York Federal Reserve executive vice-president Sandra Krieger stresses importance of backstop measures to reduce systemic risk arising from shadow banking activities
Dodd-Frank hinders new ODSG commitments
Rulemakings are undermining progress, dealers say
Securities regulators at odds over OTC shift to trading platforms
Iosco members fail to agree on whether organised trading platforms for derivatives should source liquidity from multiple institutions.
US Fed moves towards rules-based approach to bonuses
US banking regulators expected to require mandatory deferred bonuses and limits on upfront cash under the Dodd-Frank Act
Video: FSC's Jong-Goo Yi on Sifis and G-sifis post-G20
Korean regulator Jong-Goo Yi outlines how regulators are framing the debate on how to supervise systemically important financial institutions