Latest regulation news

• Brexit, rise of private debt and regs fuel FX swaps

  

  Trading turnover of FX swaps has increased by more than a third to $3.3tr a day during the past three years, outpacing growth in spot markets, according to the Bank of International Settlements’ triennial survey of the global FX market, released this week.

  • 19 Sep 2019

• German trading surveillance chief steps down

  

  Michael Zollweg is standing down as head of the Frankfurt Stock Exchange and Eurex Germanys' trading surveillance office, the body that supervises trading on both bourses.

  • 19 Sep 2019

• Industry welcomes FDIC’s margin relief

  

  The Federal Deposit Insurance Corporation (FDIC) has proposed to ease derivatives rules for US banks, including swap margin requirements.

  • 18 Sep 2019

• Court ruling frees Spanish mortgages from legal purgatory

  

  A recent Spanish Supreme Court ruling on NPL foreclosures will help buyers of poorly performing mortgage portfolios avoid years of potential legal proceedings.

  • 17 Sep 2019

• CFTC Democrats reject Volcker revisions that go 'for the throat'

  

  The Democrat side of the US Commodity Futures Trading Commission has come out swinging against agreed changes to the Volcker rule.

  • 17 Sep 2019

• Top banking supervisor controversially leaves to lead AFME

  

  Adam Farkas, executive director of the European Banking Authority, will lead the Association for Financial Markets in Europe (AFME), a move that has caused concern among some observers of financial policy in Europe.

  • 17 Sep 2019

• CFTC fines Tullett Prebon $13m for rates desk supervision

  

  The US Commodity Futures Trading Commission (CFTC) has ordered Tullett Prebon Americas to pay a total of $13m in relation to alleged supervisory failures and making false or misleading statements.

  • 16 Sep 2019

• Dombrovskis keeps CMU brief under Leyen

  

  Valdis Dombrovskis is set to retain his role as the European Commissioner in charge of financial stability, financial services and capital markets union, after president-elect Ursula von der Leyen announced her new leadership team on Tuesday.

  • 10 Sep 2019

• Lagarde hints at further unconventional ECB policy

  

  Christine Lagarde has given a strong hint she will persist with the European Central Bank’s highly accommodative monetary policy if she takes over as its president in November. Lagarde also suggested the ECB would move to make its portfolio more green.

  • 05 Sep 2019

• ESMA points to HY, EM risk to fund redemption shock

  

  High-yield bond funds are a lot more exposed to a liquidity shortfall than funds for other asset classes, according to a stress test developed by the European Securities and Markets Authority (ESMA). The publication of ESMA’s results came in the same week as a Bank of England official discussed solutions to fund fire-sales.

  • 05 Sep 2019

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