A few years ago, Simon Vincent, now of FIS, and Tony Foreman of Ancoa were on their normal train commute – from Kent in southeast England to the City of London.
CONTINUE READINGThe EU's Capital Requirements Directive CRD IV has imposed a bonus cap on credit institutions and investment firms with the intention of discouraging the excessive risk-taking with client monies that contributed to the financial crisis. However, the inappropriate application of this bonus cap to principal trading firms now has the potential to result in the perverse effect of actually increasing risk, whilst hurting market quality.
CONTINUE READINGCapital efficiency is now at the top of the agenda for clearing firms and their clients as a result of Basel III and other changes in the regulatory environment. How is Eurex Clearing responding to this need?
CONTINUE READINGFIA announced that David Martin of J.P. Morgan has been appointed chairman of the Asia Regional Advisory Board for a two year term.
CONTINUE READINGExperts discuss falling prices and the impact on hedging strategies during a panel at FIA’s annual International Futures Industry Conference in Boca Raton, Fla.
CONTINUE READINGFIA President and CEO Walt Lukken and other FIA representatives travelled to China on May 24-25 to meet with high-level government officials and industry executives.
CONTINUE READINGOn March 23, the Hong Kong Securities and Futures Commission (SFC) issued a circular on the importance of cybersecurity following its recent review of selected licensed corporations.
CONTINUE READINGFIA is working with several other trade associations to help market participants comply with new disclosure requirements under the EU's Securities Financing Transaction Regulation that will come into force in July.
CONTINUE READINGOn April 22, FIA responded to the Treasury Department's Request for Information on the evolution of Treasury market structure.
CONTINUE READINGOn March 21, the Securities Commission of Malaysia issued a consultation on a proposed cybersecurity framework for capital markets participants.
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