Pressured European banks beat a retreat from derivatives clearing and cede to US players.
The latest report from the Financial Stability Board has dialed down on the perceived systemic risks posed by asset managers, but is still seeking more data and evidence in a bid to make the industry more robust and to give supervisors more insight.
EU determination to stick with March 1 collateral swaps deadline threatens to freeze some users out of the $544tn swaps market
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
Artificial intelligence is rapidly gaining traction in regtech solutions and could help diminish market abuse while promoting better regulatory compliance
Fintech is going from strength to strength and is widely billed as being the driver behind a financial revolution ushering in greater efficiency and financial inclusiveness for society. However, the G20 is also concerned about the possible systemic risks it might pose.
Hong Kong and Switzerland agree reciprocal market access for fund managers to retail investors