EACH Publishes CCP Risk Management Recommendations
EACH, the European Association of Central Counterparty Clearing Houses, has published its Supplementary Risk Recommendations. This document…
Commentary
Effects of Obama’s Proposal on Alternatives Industry Significant
Many banks are major backers of funds; Banks also own important fund manager and fund of funds…
President Obama Calls for New Restrictions on Size and Scope of Financial Institutions to Rein in Excesses and Protect Taxpayers
President Obama joined Paul Volcker, former chairman of the Federal Reserve; Bill Donaldson, former chairman of the…
Agencies Issue Final Rule for Regulatory Capital Standards Related to Statements of Financial Accounting Standards Nos. 166 and 167
The federal banking and thrift regulatory agencies today announced the final risk-based capital rule related to the…
FSA Chairman Calls for Close Engagement between Accounting Standard Setters and Prudential Regulators of Banks
FSA chairman, Lord Turner, today called for close engagement between global accounting standard setters and those responsible…
Fact Sheet: Financial Crisis Responsibility Fee
Today, the President announced his intention to propose a Financial Crisis Responsibility Fee that would require the…
Frank Announces Hearing on Compensation
Today, Chairman Barney Frank (D-MA) announced that the House Financial Services Committee will hold a hearing on…
Summary of Hearing of Michel Barnier – Internal Market and Services (Committees)
The need to give fresh impetus to the internal market and improve regulation of the financial services…
Markit Completes Acquisition of ClearPar
Markit, a leading, global financial information services company, today announced it has completed its acquisition of ClearPar….
CFTC Grants ICE Clear Europe Limited Registration as Derivatives Clearing Organization
The Commodity Futures Trading Commission issued an Order on Friday, January 22, 2010, granting ICE Clear Europe…