The Committee of European Banking Supervisors has issued draft guidelines on liquidity cost benefit allocation mechanisms.
A coalition of industry groups has urged the Financial Services Authority not to rush implementing into U.K. rules far-reaching changes to the Capital Requirements Directive.
The Committee of European Securities Regulators has clarified how market operators can and cannot obtain transparency relief under the Markets in Financial Instruments Directive.
International regulators must play a leading role in determining what derivatives products are clearable in central clearing houses, according to Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission.
The London Stock Exchange plans to amend its rules to more effectively handle any future defaults.
The Financial Services Authority is likely to issue proposals on short-selling disclosure by year-end, and firms operating in the U.K. should start getting ready now, according to attorneys in London.
Firms that do not meet requirements for waivers from aspects of the U.K. Financial Services Authority's tough new liquidity regime may yet qualify via a proposed new "business model restriction" condition.
The Committee of European Securities Regulators has spelled out how member regulators should approach calculating and passing on information that is required as part of the Markets in Financial Instruments Directive's market transparency regime.
Werner Langen, member of the European Parliament's Economic and Monetary Affairs Committee, last Monday called for any regulation of over-the-counter derivatives trading to distinguish between financial and non-financial institutions, with only the first being more tightly regulated.
The European Commission has kicked off a consultation on far-reaching changes to the Capital Requirements Directive that include tougher standards on capital and liquidity and measures to reign in leverage.
The demands facing banks investing in structured finance products under the European Commission's revised Capital Requirements Directive remain unclear, according to Rachel Kelly, partner at Clifford Chance.
Structured products are not suitable assets to place into liquidity buffers required under planned European Commission regulations, according to Kai Spitzer, policy coordinator at the Commission.
The Organization for Economic Cooperation and Development has released a series of good practices aimed at encouraging companies and regulators to follow its principles on corporate governance in response to the financial meltdown.
The International Organization of Securities Commissions has issued disclosure principles for firms listed on securities exchanges in which retail investors participate.
The International Accounting Standards Board has issued a working draft of a proposed International Financial Reporting Standard dealing with liabilities such as those stemming from litigation, asset retirement obligations and restructurings.
A coalition of trade groups has issued new guidance for firms regarding securitization disclosure requirements.
Regulatory think-tank JWG wants closer collaboration between regulators, lawmakers and financial institutions in developing standards for reference data management.
The International Capital Market Association and the International Swaps and Derivatives Association have criticized International Organization of Securities Commissions proposals for point-of-sale disclosure requirements regarding collective investment schemes.