Three US regulatory agencies have warned in a joint statement that the financial services industry must comply with banking rules when it comes to crypto-currencies.

Five agencies are proposing that swap entities would not have to hold initial margin for uncleared swaps with their affiliates while inter-affiliate transactions would still be subject to variation margin requirements.

Nine large financial firms are calling on supervisors to force central counterparty clearing houses (CCPs) to carry more capital and to have clearer resolution plans as they fear they still pose a systemic risk.  

Most market participants are not keen to continue referencing covered interbank offered rates (Ibors) in existing or new derivatives contracts, but were split on how to manage fallbacks. 

There is a growing interest from investors in green securitisations said the Association for Financial Markets in Europe (AFME) in a report, which is calling for more EU support for the sector. 

Should the UK leave the EU, it will see the EU’s capital markets being smaller, less liquid and less well developed with France becoming the union’s dominant player, the think tank New Financial said in a report.