International

Resolution & Recovery

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’.

Structural Regulation

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.

Capital Adequacy

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.

Market Abuse

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.

Market Data & Technology

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.

Conduct, Culture & Accountability

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.

Clearing & Post-Trade

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.

Clearing & Post-Trade

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.

Resolution & Recovery

Why Don’t We Just Ban Financial Volatility?

By Peter Guy | 23/10/2014

Another regulatory step forward could actually cause more systemic problems than it seeks to solve.