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…
Regulation & Compliance
DerivSource provides industry analysis, expert Q&As and commentary articles on derivatives regulation and compliance including regulatory change impacting trade execution via SEFs, CCP clearing, collateral management, trade and regulatory reporting and regtech trends. Regulations covered include: UMR margin rules, EMIR Refit, CSDR regulation, SFTR reporting, MIFID regulation, and CFTC rules, such as the CFTC regulatory reporting rules, as well as industry trends (IBOR reform) that may impact derivatives market participants globally.
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…
SEC Names New Specialized Unit Chiefs and Head of New Office of Market Intelligence
The Enforcement Division of the Securities and Exchange Commission today announced the appointment of the newest members…
The Future of OTC Derivatives Processing – an Industry Sector in Flux
2010 is the year of unfinished business. New industry initiatives aiming to address inefficient and faulty areas…
Group of Central Bank Governors and Heads of Supervision Reinforces Basel Committee Reform Package
The Group of Central Bank Governors and Heads of Supervision, the oversight body of the Basel Committee…
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…