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.
FinanceFeeds - The pilot test has shown that it is possible to reduce by more than 70% the time needed to register the issuing of warrants. The post Spanish regulators, financial institutions collaborate on blockchain project appeared first on FinanceFeeds. […]
FinanceFeeds - Traders can look at individual trades, with their results broken down by Hot and Not-Hot signals as well as by market. The post GAIN Capital’s GetGo mobile app offers enhanced “Your Performance” tab appeared first on FinanceFeeds. […]
FinanceFeeds - The service is set to slash costs and reduce the need for live call centres and branch visits from customers. The post Citi aims to launch smart chatbot in Hong Kong by end-2018 appeared first on FinanceFeeds. […]
FinanceFeeds - Dillon Michael Dean and The Entrepreneurs Headquarters Limited have failed to respond in any way to the CFTC's complaint against them. The post CFTC seeks to impose $1.5m penalty on binary options, Bitcoin fraudsters appeared first on FinanceFeeds. […]
FinanceFeeds - Paul Orford offers a challenging and original interpretation of the famous Allegory of the Cave from Plato's dialogue “The Republic”. The post Plato on retail Forex brokers – Guest Editorial appeared first on FinanceFeeds. […]
FinanceFeeds - On 31 separate instances, a senior employee of Vantage Global Prime used the trading information of profitable clients to generate a profit for himself by trading in a similar way. The post ASIC finds out Vantage Global Prime employee misused client information for personal benefit appeared first on FinanceFeeds. […]
FinanceFeeds - Andre Flotron insists that he engaged in entirely lawful and legitimate trading practices – entering orders and then subsequently filling or cancelling orders. The post Ex-UBS trader aims to dismiss CFTC “spoofing” case against him appeared first on FinanceFeeds. […]
BIS press release about appointment of Philip Lowe as chair of the Committee on the Global Financial System […]
BIS press release on the presentation of the Annual Economic Report 2018, 24 June 2018. Policymakers can maintain the current economic upswing beyond the short term by tackling structural reforms, rebuilding monetary and fiscal policy space to react to future threats and encouraging prompt implementation of regulatory reforms, the Bank for International Settlements (BIS) writes in its Annual Economic Report.... […]
FinanceFeeds - The new regulations have challenged the traditional way that marketing is done in the FX industry – participants in the FinanceFeeds Cyprus FX Industry Seminar discuss today's reality and future approaches. The post Smart segmentation, GDPR and emails: Marketing insights from FinanceFeeds Cyprus FX Industry Seminar appeared first on FinanceFeeds. […]
FinanceFeeds - Bazil De Bruyn of Autochartist, Haim Machluf and Moish Levin of Leverate discuss the transformation of the FX world during the FinanceFeeds Cyprus FX Industry Seminar. The post Actionable content, trading platforms, engagement: tech experts’ comments from FinanceFeeds Cyprus FX Industry Seminar appeared first on FinanceFeeds. […]
FIA today launched the fourth annual Innovators Pavilion for fintech startups that are offering forward-thinking solutions for the global derivatives markets. This award- winning program is a...Statement of FIA President and CEO Walt Lukken on the unanimous vote of House Financial Services Committee in passing H.R. 5749, the "Options Market Stability Act." “FIA thanks Reps....On June 14, the Futures Industry Association and the Commodity Markets Council submitted a petition asking the Commodity Futures Trading Commission to amend the Ownership and Control Reports Rule...Cryptocurrency futures made their debut in the U.S. at the end of 2017. What are the prospects for similar products to be launch in Europe? What is the appetite among retail and institutional...While transitional arrangements look set to avoid a cliff-edge impact, Brexit will change the landscape for listed derivatives in Europe. Moderator: Simon Puleston Jones...FIA today released survey results that provide a high level snapshot into clearing brokers’ progress with their Brexit contingency plans, the issues they face when structuring and executing such...FIA offered comments to the European Central Bank on June 5 regarding the draft cyber resilience oversight expectations for financial market infrastructures. In the comments, FIA urged the... (RSS generated with FetchRss) […]
FinanceFeeds - Investment firms may make use of the data they send to regulators and benefit from such an approach, industry experts comment. The post The positive side of regulation: Highlights from FinanceFeeds Cyprus FX Industry Seminar appeared first on FinanceFeeds. […]
Basel Committee issues progress report on banks' implementation of the Principles for effective risk data aggregation and reporting, 21 June 2018 […]
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Press Release on the pre-release of two special chapters of the Annual Economic Report of the BIS, 17 June 2018. Trust is the missing link in today's cryptocurrencies - Cryptocurrencies' model of generating trust limits their potential to replace conventional money, the Bank for International Settlements (BIS) writes in its Annual Economic Report (AER), a new title launched this year. […]
BCBS and IOSCO issue criteria for identifying simple, transparent and comparable short-term securitisations, 14 May 2018 […]
Basel Committee issues capital treatment for simple, transparent and comparable short-term securitisations, 14 May 2018 […]
FINRA is re-issuing this alert to remind investors about the key elements of their brokerage account statements and trade confirmations and to provide tips that can help avoid problems. […]
BIS Statement of commitment to the FX Global Cod […]