Group of 20 (G-20)
Execs would not be surpised if Eurozone shrinks, report claims
RBC Capital Markets survey say Greece most likely country to leave the eurozone.
Basel Committee: no decision yet to scrap Basel III liquidity rules
Regulators accept reform package will need to be reshaped but claim no decisions will be taken until July's committee meeting
Regulators refute calls for Basel III rethink
Speculation that Basel Committee will scrap key proposals in bank capital framework is misplaced, say insiders.
Canada ponders best route to derivatives clearing
Dealers and regulators are in separate discussions on over-the-counter derivatives clearing.
G-20 pursues systemically important banks, despite abandoning levy
Banks will still face new constraints as the G-20 continues with plans to prevent them from posing a systemic threat.
Industry urged to stop fighting Basel III and negotiate transition period
Banks should focus on the timeline for implementation and stop resisting the Basel reform package itself, say regulators
Too networked to fail?
The need to craft special treatment for banks that are too big or interconnected to fail has long been a concern for regulators, but of equal importance is the challenge of identifying which institutions should be subjected to such measures. How can…
Brussels backs bank tax to fund new resolution network
European Commission calls for a network of resolution funds to bear cost of winding down firms; cost covered through levy on lenders
FSA’s Huertas says ending ‘too big to fail’ is the top regulatory issue
Regulators mull over intervention options for systemic risk firms
EBF urges restraint on remuneration regulation to protect EU competition
An EBF report calls on EU governments to hold back on punitive reforms to banking bonuses because they may threaten the competitiveness of EU financial centres
Pass the microphone: Nodal’s Cusenza to LCH.Clearnet’s Grensted
In this month’s Pass the Microphone, Paul Cusenza of Nodal Exchange puts his questions to Simon Grensted, Managing Director, Business Development, at LCH.Clearnet
Doubts over IMF tax proposals
International Monetary Fund proposals are the latest in a line of suggested levies on banks.
FSB peer review report says jury still out on compensation structures
The G-20 FSB says financial pay structures are still evolving globally but that progress is good
G-20: High hopes
“We want growth without cycles of boom and bust and markets that foster responsibility not recklessness” – G-20 leaders at the Pittsburgh summit
IIF calls for resolute G-20 in Pittsburgh
Policy letter urges G-20 leaders to agree action in five key areas
Doubt over Fed’s ability to limit systemic risk
The Obama administration’s proposals for safeguarding the financial system place the US Federal Reserve at the heart of a new regulatory regime for systemic risk, but some former regulators are sceptical of the Fed’s ability to carry out the job.