International

Basel Committee, IOSCO Issue Guidelines on Securitization Structures

By Editors | 12/12/2014

The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) have issued new guidelines to help the financial industry develop simple and transparent securitization structures.

A Closer Look at ISDA’s Proposed Stay on Derivatives Settlement

By Peter Guy | 03/12/2014

An interview with ISDA reveals and clarifies how the industry seeks to end ‘too big to fail’.

IOSCO Tackles Cross-Border Regulation

By Editors | 25/11/2014

The International Organization of Securities Commissions (IOSCO) is consulting the industry on so-called “regulatory tools” or norms designed to guide regulators in supervising financial activities that cross national borders.

Former Central Banker Reflects on Financial Regulations

By Peter Guy | 25/11/2014

Kevin Lynch, Vice Chairman, BMO Financial Group and Canada’s former Deputy Minister of Finance discusses regulatory trends.

Biggest Fines in Financial History are Ill-Conceived

By Peter Guy | 24/11/2014

Unprecedented penalties for forex rate rigging are misdirected and will weaken banks’ risk management culture.

IOSCO Consults on Post-Trade Transparency in CDS Market

By Editors | 18/11/2014

The International Organization of Securities Commission is seeking industry views on a report that studies the potential impact of mandatory post-trade transparency in the credit default swaps (CDS) market.

Risk Culture Seen in Banks’ Agenda, Says EY Report

By Editors | 03/11/2014

Banks in Asia-Pacific are strengthening accountability regarding risk roles and responsibilities and are boosting communication about risk expectations driven in part by tougher bank regulations, international accounting firm EY says.

Asia-Pacific Clearing Houses Obtain EU Approval

By Editors | 31/10/2014

Clearing houses in Australia, Hong Kong, Japan, and Singapore have received a go-ahead from the European Commission to clear standardised OTC derivatives for EU-based banks and other market participants as part of reforms in the global derivatives market.

IOSCO Releases Update on Clearing Report for OTC Derivatives

By Editors | 29/10/2014

The International Organization of Securities Commissions has released an update on a report that provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions.