When market participants attended a European Parliament hearing on the proposed prudential regime for investment firms on May 16, they were surprised to see an unfamiliar official sitting among the European Commission staff. He turned out to be from France’s Autorité de Contrôle Prudentiel et de Résolution, which prompted industry speculation on whether the French regulator had seconded an official to the EC for the specific purpose of overseeing this dossier.
This speculation fed into the long
- Quant Finance Master’s Guide 2019
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Brexit threatens to reopen Asian bail-in clauses for EU banks
- Podcast: Kenyon and Berrahoui on the pitfalls of PFE
- Cross-currency swaps could hasten RFR shift in Australia