US banks need more capital says FDIC vice chairman

Banks need to hold more capital as US interest rate cycle turns upwards says Thomas Hoenig.

CFTC executive frustrated over liquidity drain

Commodity Futures Trading Commission frets over falling liquidity levels in key US markets.

ECB and Bundesbank differ over high-frequency traders

Two central banks have released reports on high-frequency trading taking differing stances on the issue demonstrating the challenges of properly regulating the activity.

Tony Carfang

US money market fund rule changes hit borrowing costs

Changes in US regulations for money market funds are creating unintended consequences by driving up dollar costs for banks, for the real economy and even in the huge derivatives complex. Meanwhile, European regulators are carefully monitoring US moves to help inform their own reforms.

Money market reforms delivering US rate rise

Reforms to US money market funds have already delivered a US interest rise and are making short-term funding more expensive for banks

Swap dealers given another month to comply with OTC rules

Aping the move by other regulators around the world, the US Commodity Futures and Trading Commission has delayed the implementation of OTC derivatives rules for swap dealers.

Leverage ratio could shift OTC markets back into the shadows

The leverage ratio risks pushing many over-the-counter derivatives back into opaque bilateral trading arrangements going against the wishes of regulators to see more of them centrally cleared.

EU urged to expand net stable funding ratio

The European Systemic Risk Board has suggested applying a net stable funding ratio buffer to reflect a build-up of liquidity risk over time, or the systemic liquidity risk of specific institutions.

Vote backs muni bonds HQLA status

Legislators from both US political parties have backed a reform that would allow banks to include US municipal bonds in their liquidity buffers.

Fund manager alarm at planned liquidity rules

Fund managers generally support the idea of swing pricing provided practical challenges can be overcome, but proposed liquidity classification rules have drawn comprehensive condemnation as misleading and unworkable.