Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin)
Solvency II to curb renascent with-profit sector
Higher capital charges for with profits products under Solvency II
Germany leads the way on the AMA
The AMA machine
Deutsches Risk Rankings 2010: Deutsche Bank top again
Confusion, then clarity
OpRisk Europe: The slow drive for change
Speakers at OpRisk Europe agreed that, while change in op risk legislation and capital calculation is necessary, it needs to be undertaken slowly and carefully
EC accelerates consultation on beefed-up short-selling proposals
Under pressure from member states, the EC expects to adopt new short-selling rules by September.
Contagion fears drive volatility
The takeover of a Spanish savings bank last month and rumours of funding difficulties at the country's financial institutions spook investors
Lack of co-ordination contributes to European market sell-off
The Bafin decree on short selling in May signalled a lack of agreement by European regulators, say participants
Risk roulette on eurozone scenarios
The European Union and International Monetary Fund agreed a €750 billion emergency loan package in early May, aimed at averting a sovereign default and wider crisis across the eurozone. Nonetheless, banks have been preparing for the worst, stress testing…
Self-referencing CDS risk?
Ballooning credit default swap spreads on European sovereigns have encouraged some market participants to sell credit protection on their own country. But how much is this protection really worth, and could this selling contribute to systemic risk? Mark…
Highland Capital boss slams shorting restrictions for exacerbating volatility
Credit fund veteran Mark Okada says Bafin restrictions on short selling have increased market volatility
Germany cuts euro and equity derivatives ban
Germany narrows shorting ban
BaFin shorting ban may contain loopholes for investors
German restrictions on short-selling of governments, CDS and financials may not be as bad as feared.
Risk Europe: EU supervision package could be delayed
Creation of new European supervisory authorities is hampered by disagreements between EU parliament and council
German short sell ban snares long euro FX derivatives
Long euro derivatives positions caught up in proposed legislation, while doubts remain over the exemption of market-makers
Naked euro currency swaps face same fate as CDSs in Germany
Germany broadens shorting ban scope
Deutsche Bank halted sovereign CDS trading after Bafin ban
The German bank was not the only dealer to have temporarily put a stop to eurozone sovereign credit default swap trading
Naked shorts to be allowed ahead of bund auctions
Dealers reassured that Bafin short selling ban will not prevent pre-hedging of debt purchases
Bafin shorting ban may be narrower than feared
Lawyers say decree appears limited
Market puzzled by Bafin ban
Traders incredulous as Bafin acts unilaterally to calm “extraordinary volatility”
European supervisors press for more detail on EC overhaul plans
The European Commission (EC) is expected to publish feedback on its proposals for an overhaul of financial supervision in August, but senior European regulators are already expressing concern about some aspects of the proposed reforms.