International

Fund Managers Delay on AIFMD Application, Bottlenecks Seen Ahead of July Deadline

By Editors | 20/01/2014

With only six months to go until full implementation of the Alternative Investment Fund Managers Directive (AIFMD) on July 22nd, fewer than 20% of alternative investment fund managers (AIFMSs) have submitted an application to their local regulator for AIFMD authorisation, says industry survey.

Basel Committee Issues Anti-Money Laundering Risk Guidelines

By Editors | 16/01/2014

Prudent management of these risks together with effective supervisory oversight is critical in protecting the safety and soundness of banks.

Basel Committee Soften Leverage Ratio Requirements

By Editors | 13/01/2014

After pressure from banks, the Basel Committee for Banking Supervision has softened their requirements for calculation of a banks’ leverage ratio.

Regulators to Identify Further ‘Systematically Important’ Financial Institutions

By Editors | 09/01/2014

Regulators are looking to complement their existing ‘too big too fail’ financial organizations with those from the non-bank, non-insurance sector.

SWIFT Creates KYC Registry and Financial Crime Compliance Unit

By Editors | 07/01/2014

SWIFT announces the creation of a Know Your Customer (KYC) Registry for the collection and distribution of standard information required by banks as part of their due diligence process.

IOSCO Publishes Retail Structured Products Report

By Editors | 23/12/2013

The International Organization of Securities Commissions (IOSCO) today published their report on Regulation of Retail Structured Products. The report will act as a toolkit outlining regulatory options for international securities regulators when regulating retail structured products.

Bloomberg Launches Compliance Center

By Editors | 19/12/2013

With recent controversy surrounding group chat rooms used by financial firms including measures by Barclays, Citigroup and Royal Bank of […]

Securities / Derivatives

IOSCO Concerned Over Asian CPP Assessment

By Editors | 03/12/2013

“Imposing conditions and standards that are not relevant for non EU Central Counterparties (CCP) would give rise to severe problems” […]

ESMA Issues Final Draft Regulatory Technical Standards for Non-EU Counterparties

By Editors | 19/11/2013

The European Securities and Markets Authority (ESMA) has issued final draft regulatory technical standards (RTS) related to derivative transactions by […]