European Commission (EC)
EC continues tough stance on securitisation
In its latest round of proposals for modifications to the Capital Requirements Directive (CRD), the European Commission has confirmed its intention to assign higher capital requirements to re-securitisations and to enhance disclosure requirements for…
French and German banks to launch Sepa rival to Visa and MasterCard
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EU derivatives plan welcomed, but lacks detail
Market participants have expressed support for the European Commission's communication on over-the-counter derivatives, published on July 3, but called for more solid research on some of the policy proposals in the report.
Cesr calls for evidence on use of credit ratings in the EU
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EC looks to move standardised OTC derivatives onto exchanges
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EC looks to move standardised OTC derivatives onto exchanges
The European Commission (EC) today served notice of its intention to push standardised over-the-counter derivatives onto regulated exchanges, in a move that could prove unpopular among dealers.
Retention rage
The European Parliament and the US Treasury are pushing ahead with plans to introduce retention charges for securitisation deals in an effort to align the interests of investors and originators. But market participants complain the move is ill-conceived…
Too many cooks?
The financial crisis has revealed the failure of regulators to detect major threats to the stability of the financial system in advance. A number of new authorities are now emerging to monitor systemic risk, but is it possible problems could still fall…
McCreevy cautions against hedge fund over-regulation
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Risk Derivatives Summit : Transparency not a cure-all
Moves to increase transparency and simplicity in the derivatives market might have some benefit, but are certainly not the single remedy needed after the financial crisis, according to panellists at the Risk Derivatives Summit in London yesterday.
UK House of Lords criticises EC's regulation proposals
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Lawyers highlight grey areas in securitisation regulation
Securitisation regulation recently passed by the European Union could have problematic legal implications for originators and investors, according to lawyers.
US securitisation regulation will force 5% retention
US regulators will require originators and sponsors of securitisations to retain 5% of securitised exposures and increase transparency of transactions, according to a leaked draft of a US Treasury report on improving the regulatory system, due to be…
EU consults on Sepa migration deadlines
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Can one size fit all?
Editor's letter
Cap it all
The European Commission published a new set of rules for hedge funds and private equity funds in April. What will new limits on leverage and capital mean for managers accustomed to operating with relative freedom? By Alexander Campbell
Cesr: CRAs show room for improvement
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EC pushes for stronger financial co-operation
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EU overhaul of financial supervision raises questions
Ambitious plans laid out by the European Commission to revamp the supervisory framework of the European financial markets have raised concerns about the possible implications of creating new supervisory bodies.