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Comments from regulators welcomed by ECBC head
Highly anticipated report did not mention future role of AT1 capital
Surprising alignment on stablecoins and strong support for tokenised assets, but details are sparse
Using AI to facilitate credit decisions poses regulatory problems
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The progression from voice-trading exotic options to electronic trading platforms will not be immediately transferable, according to a report by Aite Group, an investment research firm.
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The disclosure of information in synthetic exchange traded funds related to collateral, embedded costs and counterparties needs to be greater, according to a report by Morningstar.
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The Monetary Authority of Singapore is slowing down the roll out of its mandatory clearing rules, with September now the likely goal for a finalized framework.
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Fund managers and commodity pool operators have received additional assurance from U.S. regulators regarding a ‘look-through’ provision that may have precluded them from entering into over-the-counter fx transactions for certain clients post Dodd-Frank implementation.
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Department of Labor rules regarding prohibited transactions and fiduciary obligations will make it tough for swap dealers to clear over-the-counter swaps for pension plans under Dodd-Frank if guidance or exemptions are not provided. Implementation is slated for November and DoL often acts with glacial speed, which has the industry very concerned.