The first paper improves upon the interim credit assessment suggestions that the Basel Committee made with the Current Exposure Method (CEM) and the Standardised Method. The new credit risk assessment of counterparties in derivative trading fine-tune upon the CEM and the Standardised Method by creating separate risk exposure plans for margined and unmargined trades.
Corzine originally joined MF Global with intent to turn the futures broker into an investment bank, and according to the CFTC release, “Corzine’s strategy called for making increasingly risky and larger investments of the firm’s money.” Apparently, Corzine had been made aware of the low cash balance of the firm, but still continued to order the payback of loans and obligations.
The No-Action relief issued to SDs and MSPs regarding reporting regulations is extended to June 30th, 2014.
The CFTC is set to decide on a rule that could embroil swaps regulation in a lawsuit between CME and DTCC.
New rules stemming from EMIR are forthcoming in Winter and Spring in the European Union. Below is a calendar outlining new regulation.
The CFTC and the SEC now have FINRA, the financial industry’s self-regulator body, helping to crack down on high-frequency trading (HFT).
The U.S. Securities and Exchange Commission (SEC) has named Geoffrey Aronow as its top attorney.
The Basel Committee announced on Sunday that it plans to defang a rule that requires banks to maintain easy-to-sell assets.
The fate of Dodd-Frank and the Volcker Rule are being reconsidered amidst further “fiscal cliff” talks and the arrival of new Congress.
The CFTC today filed and settled charges against Mizuho Securities of New York for regulatory violations.
London, U.K.—FIA President and CEO Walt Lukken today made the following statement regarding reported action by the European Commission to deem UK’s regulatory and legal framework for UK CCPs as...Washington, DC – Today, FIA together with affiliate FIA Tech, announced new technical guidelines for firms to properly identify the correct brokerage when executing and clearing exchange traded...FIA joined three other financial trade associations in writing to European Union Vice President Valdis Dombrovkis seeking greater clarity regarding recent statements about temporary equivalence...When it comes to finding new retail customers in Asia, the playbook should be familiar to derivatives market participants: deploy cutting-edge technology, offer expansive market access, and...The U.S. Commodity Futures Trading Commission held a public meeting of its Market Risk Advisory Committee on Dec. 4 in Washington, D.C. The MRAC discussed, among other issues, clearinghouse risk...FIA has gathered the following information for individuals and companies who use the various financial markets on a daily basis. In observance of the National Day of Mourning to honor former...In 2018, China has taken great strides towards globalizing its derivatives markets. Yuan-denominated crude oil futures contracts began trading internationally in March, followed by iron ore... (RSS generated with FetchRss) […]
Press release about the Basel Committee publishing updated Basel III disclosure requirements, 11 December 2018. […]
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Press release "Cyber-resilience: range of practices report issued by the Basel Committee" (4 December 2018) […]
Press release "International supervisory community meets to discuss challenges ahead for global bank supervision and regulation" (29 November 2018) […]
Press release about FSB and standard-setting bodies publish final report on effects of reforms on incentives to centrally clear over-the-counter derivatives (19 November 2018) […]
Press release about the Basel Committee publishing more details on global systemically important banks (16 November 2018) […]
The Board of Directors of the Bank for International Settlements (BIS) today announced the election of Bank of Korea Governor Juyeol Lee to the Board. […]
The Bank for International Settlements (BIS) today announced that Siddharth Tiwari has joined the BIS as Chief Representative for Asia and the Pacific. […]
Information about the fourth FSI-GPFI conference on global standard-setting bodies and innovative financial inclusion, Basel, Switzerland, 25-26 October 2018 […]
Press Release - Basel Committee calls for further progress in the implementation of Basel III standards, 26 October 2018. Release of the "Fifteenth progress report on adoption of the Basel regulatory framework". […]
Press Release - Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives, 18 October 2018. […]
Press Release - Basel Committee issues final "Stress testing principles", 17 October 2018. […]
Press Release - Basel III monitoring results published by the Basel Committee, 4 October 2018. […]
Press release about CPMI the release of the new Red Book payments statistics in a user-friendly format, 27 September 2018. […]
Press Release - the Basel Committee on Banking Supervision assesses Saudi Arabia's implementation of the NSFR regulation and the large exposures framework, 27 September 2018. […]
BIS Press Release - The September issue of the BIS Quarterly Review - Divergences widen in markets […]
Press Release - the Basel Committee on Banking Supervision is issuing frequently asked questions on the liquidity risk treatment of settled-to-market derivatives, 20 September 2018. […]
Press Release - the Basel Committee on Banking Supervision is finalising stress-testing principles, reviews ways to stop regulatory arbitrage behaviour, agrees on annual G-SIB list, discusses leverage ratio, crypto-assets, market risk framework and implementation, 20 September 2018. […]
Financial fraud routinely follows on the heels of disaster. Hurricane Florence and its aftermath are no exception. We are issuing this Alert to warn investors that investment scams may come your way touting stocks and other investments with the promise of huge gains in the wake of Florence. […]