FIA has published a review of the cumulative effect of European derivatives law reform, setting out the core issues and offering potential solutions to encourage further debate.
CONTINUE READINGMartin Abbott, the former chief executive of the London Metal Exchange, was appointed as an independent non-executive director of Mitsui & Co. Commodity Risk Management, the London-based energy derivatives trading subsidiary of Mitsui & Co.
CONTINUE READINGOn March 30, LCH.Clearnet released a white paper on stress testing for central counterparties
CONTINUE READINGPimco has warned that the Basel III capital requirements could lead to more systemic risk by driving up the cost of clearing derivatives and concentrating risk in fewer market participants.
CONTINUE READINGDeutsche Bank announced on April 23 that it reached joint settlements with U.K. and U.S. regulators as part of an industry-wide investigation into manipulation of interest rate benchmarks.
CONTINUE READINGOn April 21, the Commodity Futures Trading Commission and the U.S. Justice Department announced a joint action against Navinder Singh Sarao, a day trader based in London, for “unlawfully manipulating” and “spoofing” the E-mini S&P 500 futures market
CONTINUE READINGJefferies Group announced on April 9 that it entered into an agreement to sell most of the futures activities of its Jefferies Bache business to Societe Generale.
CONTINUE READINGSince taking office in November, the former U.K. politician has emphasized the need to re-assess the post-crisis regulatory framework for financial services.
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