The Financial Stability Board’s (FSB) second annual report on the Implementation and Effects of the G20
Financial Regulatory Reforms, in which it concludes that implementation progress “remains steady but
The Basel Committee on Banking
Supervision has issued a report stating that overall progress is being made in
introducing the Basel III requirements, although it notes that some
jurisdictions are facing “challenges” to meet implementation deadlines.
In its seventh report ...
The US Federal Reserve Board has announced that it will seek a $1.2 million fine and a permanent ban on employment in the banking industry for Chris Ashton, a former FX trader at Barclays.
The Financial Stability Board's update on OTC derivatives reform reports the usual mix of praise for industry progress tinged with a warning that more needs to be done
Some Financial Stability Board members are concerned about their ability to implement trade reporting frameworks in time
A US court has granted a motion to
dismiss the legal complaints aimed at FXCM, and certain members of its senior
staff, in which the plaintiff alleged that they were mislead about the risks
associated with the firms’ agency business ...
The Monetary Authority of Singapore (MAS)
has postponed the implementation of rules surrounding margin requirements for
non-centrally cleared derivatives.
The rules were due to be invoked on
September 1, however in a letter to market participants, MAS says it has been ...
CME Group has issued a 60-day ban against a
trader it accuses of spoofing in its gold and natural gas futures markets – the
ban comes just weeks after a US court sentenced
Michael Coscia to three years in jail for ...
The US Commodity Futures Trading Commission
(CFTC) has formally charged Deutsche Bank over a breakdown in th ebank’s
systems that led to it not reporting swaps data for five days.
The CFTC filed the civil Complaint in the US ...
The Commodity Futures Trading Commission (CFTC) has issued its final report on the de minimis threshold for swap dealer registration, yet it remains unclear whether the Commission will make changes to this threshold.
The current de minimis threshold for swap ...