After years of scrutiny of banking relationships, regulators are now turning their attention to other stores of value, according to Accuity CEO Hugh Jones.
US banks lobbied hard for a rollback of the Volcker Rule and a return to proprietary trading to bolster profits. They will soon find that it’s now a different world.
US regulator cited concerns around valuation and liquidity, among other issues; but comments made in rejection letter open path to eventual approval.
Firms in the region either embrace, endure or avoid MiFID II’s LEI requirement, but must accept that it’s not just regulations from the US which now have a profound extraterritorial impact.
The return of SAC Capital’s founder with a new venture reveals the complicated ethics of a post financial crisis world.
The unbundling of research costs will not only create more transparency but usher in a collapse and change in banking research.
The start of bitcoin futures may increase speculation and international regulatory risks as countries rein in credit.
Exploring key issues including the status of local subsidiaries, trading venue uncertainty, transaction reporting and more as the deadline looms.
Loading more posts...
Sorry, no more posts
No more pages to load