Regulation
It could be dangerous to require a central counterparty (CCP) to set out in advance the steps it would take to recover from a severe loss, Eurex has warned – a stance at odds with emerging international policy – because the recovery plans may not work in all conditions.
24 May 2013News that European Commissioner Barnier has confirmed that a Directive for pension schemes will not include solvency requirements has been welcomed by JP Morgan Asset Management.
23 May 2013Japan is delaying its cross-border clearing rules to avoid adding to the "tremendous uncertainty" created by US and Europe over this issue, according to Masamichi Kono, vice-commissioner for international affairs at the Japan Financial Services Agency (JFSA).
23 May 2013Drafts of documents that will need to be filled in and returned to the US Internal Revenue Service as part of Fatca (Foreign Account Tax Compliance Act) regulations have been published by the IRS and US Treasury.
23 May 2013Interim guidelines for Solvency II will help insurance companies prepare for the new regime and improve consistency between member states, according to Gabriel Bernardino, the chairman of the European Insurance and Occupational Pensions Authority (Eiopa).
22 May 2013Mario Mantrisi, chief Strategy and Research officer at KNEIP, says that there are lessons learned implementing the Key Investor Information Documents (KIIDs) that should help with the next steps in documentation production facing the industry.
20 May 2013A senior official at the UK Financial Conduct Authority said the regulator sees shortcomings in the way some market participants have responded to the Retail Distribution Review
20 May 2013More than half of all financial institutions in Europe, the Middle East, India and Africa (EMEIA) are experiencing widespread corruption or bribery in their business, according to the most recent EMEIA fraud survey by Ernst & Young.
17 May 2013European authorities should consult on their approach to determining whether foreign derivatives regimes are equivalent to the European Market Infrastructure Regulation (Emir) because these decisions have the power to break up the over-the-counter derivatives clearing system, according to Eric Pan, associate director in the office of international affairs at the US Securities and Exchange Commission (SEC).
16 May 2013The US Commodity Futures Trading Commission (CFTC) will unveil its new rule on speculative position limits in the next six weeks, after its previous effort was rejected in an embarrassing court ruling, says commissioner Scott O'Malia.
15 May 2013Charles Plosser, the Federal Reserve Bank of Philadelphia president, last week criticised US efforts to end the too-big-to-fail problem and advocated a more rules-based approach to bank resolution.
14 May 2013Changes in the money market industry will continue, as regulatory developments coupled with market dynamics force some money market funds (MMFs) to close or consolidate, says Moody's Investors Service.
13 May 2013European banks will suffer a major disadvantage in Asia's derivatives markets if the European Commission's (EC) proposed financial transaction tax is implemented in its current form, say market participants.
10 May 2013Analysis of the proposed Financial Transaction Tax shows that affected parties such as central banks, financial intermediaries, investors and borrowers should be seriously concerned, according to an academic paper published by the ICMA European Repo Council.
07 May 2013Sandrine Leclercq, counsel at law firm Baker & McKenzie in Luxembourg, has discussed the the key challenges of implementing AIFMD.
07 May 2013Regions
Print Edition
Strong demand for emerging market debt and equity assets should remain, according to experts in the field.
Events
A selection of key moments caught on camera from InvestmentEurope's recent Pension Fund Forum in Zurich have been published.
A selection of key moments caught on camera from InvestmentEurope's recent Fund Selector Forum in Geneva have been published.