France
Melanion bets on progress of dividend futures as an asset class
As the first pure-play dividend futures hedge fund, Melanion Capital believes it has an advantage in giving investors a solid return on investment by using this new asset class to generate pure alpha
France to require full Orsa as it rejects Solvency II interim measures on governance
Insurance supervisor will also allow XBLR reporting, says regulator's head of Solvency II
Regulation, tax and technicalities recast European turnover, as French volumes plummet and Italian activity recovers
Tax, legal and practical reforms to the way structured products are transacted in France have slimmed the market to a slither, while similar changes have proved a spur to the Italian structured products revival
France and Germany seeking greater Fatca reciprocity before signing IGAs, expert says
Questions remain about why France and Germany are yet to sign their IGAs with the US
Isda AGM: Clearing will magnify European FTT, warns UniCredit’s Lim
Planned one-basis-point charge will be levied multiple times in cleared trades – and could “kill the market”
French transaction tax loophole could prompt tougher European regimes
A twist in the tale of the transaction tax
French transaction tax loophole could prompt tougher European regimes
A twist in the tale for artful dodgers
Italian budget vote brings equity derivatives tax closer
Watered down proposals include equity derivatives to avoid creating loophole, experts say
Mandate watch: BNY Mellon wins four mandates from Touchstone
Touchstone appoints BNY Mellon to four more funds as the year ends with a steady stream of securities services mandates
France warns on use of derivatives to evade new transaction tax
Tax adviser to the French finance minister tells Risk the country's authorities will act on "tax evasion through synthetic instruments" if necessary, as cash equity volumes fall
Responding to the eurozone crisis
The cutting crew
Mandate watch: BNY Mellon and Citi lead the way in China
BNY Mellon and Citi pick up two key mandates in the important Chinese market
Fatca reciprocity agreement may cause delays, experts warn
US firms expected to push back on Fatca quid pro quo
Italy downgrade triggers inflation bond sell-off
Moody's downgrade forces Italian linkers out of index
Fatca timeline in question with new Swiss-US deal
A new arrangement between the Swiss and US governments for Fatca compliance brings Fatca timelines into question, expert warns
Eurozone scenarios: political analysts give their views
Unknown quantities
Mandate watch: JP Morgan makes collateral management gains
The latest mandates in the asset-servicing business
Eusipa: European retail structured product volumes fell sharply at end of 2011
The European umbrella structured products trade association has reported that structured product volumes on stock exchanges in Europe fell 26% in the final quarter of 2011
Top 50 Global Custody Mandates Survey 2012
Andrew Tjaardstra reviews the major mandates from asset managers, pension funds, insurers and banks during the year 2011
Greek bailout deal fails to dent CDS spreads
Sovereign spreads flat or wider despite agreement on fresh bailout for Greece
CDS market holds breath as Greek bail-out talks continue
Spreads are static and volumes light as EU finance ministers and the Greek government try to reach agreement over bail-out terms
UK should veto financial transaction tax, say Risk.net readers
An overwhelming majority of Risk.net readers says David Cameron must protect the City and veto the FTT