The EU court’s decision to reject Britain’s appeal over short selling is skeletal and in parts opaque, but there is no avenue of appeal, said lawyers from Mayer Brown...
23 January 2014 Brussels Reporter: Georgina Lavers
The UK government’s efforts to curb the power of EU financial watchdogs were in vain, after it was ruled that Brussels has the power to ban short selling...
22 January 2014Luxembourg Reporter: Georgina Lavers
Bilateral business is attracting repo participants because central counterparty (CCP) haircut policies are too onerous, said a panel of experts at the 18th Global Թ Finance Summit in Luxembourg...
Frank Mayer, Timothy McTaggart and Jonathan Levin of law firm Pepper Hamilton LLP have asserted that “location, location, location” is the most important aspect of the Volcker Rule’s requirements on foreign banking entities...
23 December 2013Washington Reporter: Georgina Lavers
The Financial Industry Regulatory Authority (FINRA) has fined Deutsche Bank Թ $6.5 million due to financial and operational deficiencies in its enhanced lending programme...
IOSCO made four recommendations that seek to promote market liquidity and efficiency, price transparency, and investors' execution quality in a fragmented environment...
12 December 2013Washington DC Reporter: Mark Dugdale
New rules in the US on securities loans and borrowings, permissible uses of customers’ securities, and callable securities have received Թ and Exchange Commission approval...
The European Commission’s approach to the enhanced cooperation behind the Financial Transaction Tax has been “unjustified and misconceived”, according to a UK House of Lords committee...
The ICMA ERC and ISLA have both responded to proposed regulation from the FSB, in a joint letter that warned against the excessive curbing of haircut practices...