United States

Legislative efforts in the EU to bring non-EU clearinghouses under EMIR has elicited sharp responses from the CFTC chairman, who said that only US regulation can apply to US derivatives markets.

The exchanges will explore opportunities to promote dual listings, depository receipts, ETFs and broader market development initiatives.

The CFTC's approach to swaps regulation to date has been an over-expansive assertion of its jurisdiction, said its chairman Christopher Giancarlo in Japan this week.

Osaka Exchange demonstrates the attributes of an established, organised exchange which is subject to continued oversight by regulators, the CFTC said.

US banks believe trade tensions could delay or prevent approvals to increase their stakes in Chinese subsidiaries, possibly enabling European banks to an gain upper hand.

Credit Suisse, the World Bank and Fannie Mae have now all issued new debt referencing the SOFR, which draws from actual repo market transactions to reflect the cost of borrowing cash secured against US government debt.

President Trump's proposal to shift earnings reporting from quarterly to just every six months will mean less transparency, which will be harmful to investors and the public.

The Facebook controversy around user data hasn’t discouraged it from advancing its ambitions in financial services like payment and remittance processing.

CFTC proposal seeks to make it easier for non-US firms to navigate the process for obtaining exemptions from registration as derivatives clearing organisations.

SEC officials have questioned two of the bank's top executives on whistle blower allegations that loan provisioning was unfairly delayed to inflate profits by $1.3bn over eight years.