Morrison & Foerster
US parries EU jab on CCP oversight
CFTC’s Pan questions Esma’s “very complex” test; EC’s Pearson calls it “more intelligent” than US’s
Ripple effect: The impact of moving away from Libor
Sponsored Q&A
CFTC’s cross-border clearing plan faces long haul
US clients warned not to expect access to foreign exempt CCPs for at least a year
Crapo bill could end LCR limbo for three banks
US Bancorp, PNC and Capital One stand to benefit if House passes bill
Icap European Sef faces axe as US, EU reach equivalence deal
Dual-registered venue no longer necessary under US-EU substituted compliance regime, say lawyers
Structured Products Washington: 2017 conference overview
Sponsored feature: Morrison & Foerster
US Treasury hands CCP resolution powers to FDIC
Mnuchin regulatory review explicitly refers to FDIC as receiver under a Title II resolution
US regulators approve VM route to capital savings
Guidance tips balance in debate over interest payments in settled-to-market swaps
Fed paper reignites debate on bank capital ratios
US industry association criticises official analysis suggesting optimal Basel ratios of up to 26%
The long arm of European law: Mifid alarms the world
Non-European firms may have to undertake compliance projects without knowing the final rules
Executive disorder: little threat to Dodd-Frank from Trump memos
Order to scrap two rules for each new one cannot capture bank regulators or repeal legislation
EC umbrella plan dismays foreign banks
EU intermediate holding company proposal complicates legal entity structures and Brexit planning
Banks still fretting over softened US TLAC rules
Fed grandfathers existing debt, but leaves TLAC requirements largely unchanged
Final Priips rules tipped for April 2017
Banks may push ahead with publishing key information documents before compliance date
At the Structured Products Washington, DC, conference
Sponsored feature: Morrison & Foerster
EBA connected counterparty plan raises compliance jitters
Guidelines would cut the large exposure due diligence threshold to 2%, versus the 5% Basel standard
Indecent exposure: Fed limits threaten swaps liquidity
Unworkable due diligence rules may prompt G-Sibs to cut single counterparty exposures below 5%
Structured Products Americas Awards 2016: the winners
Credit Suisse wins top prize, while JP Morgan scoops three awards
Law firm of the year: Morrison & Foerster
Thought leadership and advisory work on TLAC make firm issuers’ preferred partner
Could TLAC kill the structured notes business?
FSB proposals exclude structured notes from banks’ bail-in debt buffers
Late AIFMD applications 'may face less scrutiny' by FCA
Last-minute AIFMD applications may be rushed through by regulator