US Department of the Treasury
US tax fix smoothes way for back-loading buy-side portfolios
US tax fix to aid buy-side portfolio back-loading
European Parliament rejects Swinburne’s forex exemption
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but strips out explicit calls for an exemption
Australian regulators suggest clearing exemption for foreign exchange
Reserve Bank of Australia discussion paper commits to harmonising rules with US and Europe
Geithner letter to Hungarian minister weighs in on Emir open access debate
Market participants believe US letter endorses a narrowing of Emir scope, but a Treasury official says the letter draws attention to gap in regulation
Arguments against forex clearing flawed, says Duffie
Foreign exchange forwards and swaps should be cleared under Dodd-Frank despite industry reservations
FXall looks to Sef licence to boost liquidity
FXall chief executive Phil Weisberg suggests banks might choose to outsource some elements of their single-dealer business to multibank platforms when Dodd-Frank Sef rules become binding
Exemption clarity allows market participants to prepare for new regime
Banks, market infrastructures and industry associations prepare to move forward with regulatory preparation, now that fx swaps and forwards are set to be exempt
Index innovation of the year
Index innovation of the year
US Treasury will exempt forex swaps and forwards from Dodd-Frank
Afme's global forex division welcomes the decision, announced on April 29, and calls on European rule-makers to follow suit
Protests against US Fatca tax rules gain pace with support of European Commission
New Fatca tax regulations enacted last year in the US will have a wide-reaching impact on the US financial industry. This has attracted many complaints and prompted the European Commission to call for changes to the new rules.
RBS gold exchange-traded note aims to mitigate volatility
The third US-listed ETN from Royal Bank of Scotland tracks either gold or US Treasuries, giving investors access to a commodity while mitigating some of its volatility.
S&P blends equities and US Treasuries in new index
S&P blends equities and US Treasuries in new index
Rising US rates are boosting the structured products market
Falling interest rates hit structured products hard last year, and as they start to rise they are providing a much-needed boost to the market, says a US distributor.
House of the year: Deutsche Bank
Risk awards 2011
Forex markets hope for CCP exemption
All settled?
Risk USA: Paulson refused to save Lehman over 'bailout guy' characterisation
Former White House economist details civil war between Bush administration and US Treasury
Risk USA: Pay bigger than politics, says former Treasury adviser
Risk managers need to look closely at compensation, declares former US Treasury adviser
US federal regulators endorse "appropriate" Basel III
Bair says evidence supported even higher capital requirements under revised Accord
Advance refunding of municipal bonds threatens future value
Making the right call
European banks more worried about OFAC than local regulators
European banks more worried about OFAC than local regulators
West must not repeat Japan’s fiscal mistakes, says Nomura economist
Nomura chief economist Richard Koo warns the US and European economies face double-dip recession and a prolonged period of economic stagnation if stimulus is cut too soon.
RBS Group fined £5.6m for sanctions control failings
UK regulator issues large fine after banks fail to implement monitoring systems
Economists fear 'global bond trap'
Economists warn fiscal belt-tightening in Europe may exacerbate imbalances in the global economy, leading to sluggish growth and excess liquidity in government bonds.