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Regulation

Principal given QFII licence to trade in China shares

The China Securities Regulatory Commission has granted Principal Global Investors, a US global asset manager, Qualified Foreign Institutional Investor (QFII) status. The designation allows the firm to invest directly in the local China A-share markets.

22 Feb 2012
china-npl
Map of Europe

IMF, EC, Eurogroup comment on second Greek bailout deal

Jean-Claude Junker, president of the Eurogroup, Olli Rehn, vice-president of the EC in charge of Economic and Monetary Affairs and the Euro, and Christine Lagarde, managing director of the International Monetary Fund have given their views on last night's second bailout of Greece.

21 Feb 2012
tony-wicks

Taxes linked to global anti-money laundering agreement

The Financial Action Task Force (FATF)'s updated recommendations on anti-money laundering (AML) policies will encourage weaker jurisdictions to tighten their AML laws, especially where tax crime is concerned, according to a financial crime expert.

20 Feb 2012
A begging cup half full of change

CFTC requests 33% increase in funding for 2013

The US Commodity Futures Trading Commission (CFTC) has requested $308m in funding for the 2013 financial year in the US federal budget – a 33% increase on the $205.3m it received for 2012.

15 Feb 2012
filling-a-hole

Basel DVA capital deduction could cost banks billions

Billions of dollars in capital could be excluded under Basel proposals on derivatives DVA - with US banks hardest hit

14 Feb 2012
capitol hill

Fatca welcomed but Volcker remains a problem

The European funds industry has welcomed a decision by the US authorities to co-operate with the Europeans in revising its proposed Fatca rules. Particularly welcomed is the intention of building a regulatory system for the funds sector that is acceptable on both sides of the Atlantic.

14 Feb 2012
US regulations

US looks for European partners on FATCA

The US Treasury has changed its approach to the Foreign Account Tax Compliance Act (FATCA), a regulation designed to fight offshore tax evasion by Americans.

09 Feb 2012
ed-moisson

Investors 'twice as likely' to choose active funds over trackers - Lipper

Retail investors in the UK are twice as likely to pay more for actively-managed funds than reduced costs for index trackers, research from Lipper has revealed.

08 Feb 2012
Map of Europe

Will it end today? 20 years of the Maastricht Treaty

As negotiations around Greek sovereign debt grind towards a conclusion, could today be the day Maastricht Treaty objectives around currency union are finally slain? Here is archive footage of the event 20 years ago.

07 Feb 2012
halt

Eiopa chairman raises concerns over Solvency II delays

Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority (Eiopa), has said continued delays in the legislative process for Solvency II are hampering the authority's progress in developing the regulatory regime.

03 Feb 2012
question mark

The regulators are coming, warns Dataexplorers

The Bank of England, ESMA and the Financial Services Authority all seem to be pulling in different directions on issues such as ETF regulation. Will Duff Gordon of Dataexplorers attempts to make sense of the regulatory challenge.

02 Feb 2012
protest

Deutsche Börse rages against EC blocking decision

Deutsche Börse CEO Reto Francioni has pulled no punches in his reponse to the decision announced yesterday by the European Commission to block a merger with NYSE Euronext.

02 Feb 2012
power-2-the-people

Czech central bank concerned over Esma's power

The Czech National Bank (CNB) has expressed concern over the balance of power between national supervisors and the European Securities and Markets Authority (Esma).

02 Feb 2012
stop-sign

EC blocks Deutsche Börse merger with NYSE Euronext

The European Commission has stopped the planned merger of Deutsche Börse and NYSE Euroenext on grounds it would limit competition, particularly in trading of European financial derivatives.

01 Feb 2012
euro in black light

Euro regulator resists radical clampdown on ETFs

The regulatory body for the European Union has proposed stricter disclosure requirements on providers of exchange traded funds (ETFs), but has backed away from imposing more radical reforms on the sector.

30 Jan 2012

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Events

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InvestmentEurope Fund Selector Forum Sweden

InvestmentEurope's country specific forum for Sweden takes place in Stockholm on 24 April 2012

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InvestmentEurope Fund Selector Forum France

InvestmentEurope's country specific forum for France takes place in Paris on 22 May 2012.