EU bank profits remain under pressure from non-performing loans and rising costs says the European Banking Authority.
Pressured European banks beat a retreat from derivatives clearing and cede to US players.
European securitisation issuance is on the rise despite regulatory uncertainty over efforts to revive the market.
Some senior bank managers still don’t fully appreciate the importance regulators are attaching to complying with anti-money laundering rules.
EU rules on paying for investment research are driving EU asset managers to rethink their sourcing strategies for such research, according to a survey by the Electronic Research Interchange (ERIC).
ECB stepping up rhetoric to see euro-clearing shifted from London to the eurozone on the basis of making the activity easier to supervise
ESMA sees a case for asset managers to come under greater regulatory scrutiny in case they pose systemic risks
The UK's upcoming departure from the EU and likely the single market as well has raised a flurry of speculation over what will replace current trading rights. This has brought the EU's equivalence regimes for third countries into sharp focus
ESMA announces key areas for stress testing CCPs, which will include liquidity for the first time
Relations between banks and the authorities often become strained when enforcers try to access confidential data on suspects. In a bid to enhance working relations between the two, and combat crime, the UK has been working on developing an effective money laundering task force. By Nick Kochan.