Cross-border supervision
In-depth introduction: US extraterritoriality
Confusion over Commodity Futures Trading Commission approach to cross-border supervision
Double standards: CFTC margin rules redefine key concepts
When is a US person not a US person? The CFTC has the punchline
Bowen defends CFTC inclusion of non-US trades
Commissioner says agency will police risk “wherever it occurs”
Regional swaps booking replacing global hubs
Banks complain of mixed supervisory messages, but regionalisation trend is clear
Dealers fear mix-and-match margining for cross-border swaps
National conflicts in margin rules can only be fixed via mutual recognition
Funds escape yo-yo effect as CFTC redefines US person
Scrapping of test means investor status will not tip offshore funds into Dodd-Frank regime
CFTC casts margin net to catch US banks’ affiliates
Agency redefines ‘guarantee’, but lawyers caution it may not stick
US rules on foreign banks criticised by SRB’s König
Local holding companies are a “step in the wrong direction”, says European resolution chief
SSM: banks fret over giant supervisor's first steps
New watchdog a great idea in theory, banks say - but early months have been difficult
SEC's Piwowar: FSB "knows nothing" about insurance, asset mgt
Isda AGM: SEC commissioner rejects idea of expanded role for FSB
O’Malia: Swap data fix requires global library
Frustrating, costly, inefficient – but swap reporting can be fixed, says Isda CEO
CCPs raise alarm on South African OTC reform
Push for CCPs to establish domestic presence riles LCH and CME
Dealers waiting for answers in CFTC cross-border conundrum
Contingency plans to relocate US staff remain on ice
Sef execution of package trades to be postponed
CFTC's Massad says no-action relief will be extended as market unprepared
100% not guaranteed: US banks quizzed over affiliates
Politicians push for an investigation as CFTC carries out fact-finding mission
US regulators urged to accept dealers' use of affiliates
Officials should leave non-guaranteed trades alone, says former SEC chair
SEC fears US banks still tied to non-guaranteed units
Agency powerless to address 'implicit guarantees' says chairman Mary Jo White
QCCP stand-off could hurt EU banks, says CME's Taylor
European members of non-EU CCPs face "capital cliff"
EU-US split here to stay, exchange heads fear
Eurex's Preuss and CME Group's Gill warn on regulatory asymmetry
Scott O'Malia, it's your fault
Swaps markets have fragmented, and the CFTC commissioner accepts regulation is to blame
US end-users are losers in swaps liquidity split
US participants "are not able to access" full breadth of liquidity, says Tradeweb CEO
Massad stresses process and co-operation to senators
CFTC chairman nominee vows to follow APA
CFTC-EC Sef accord 'will not solve liquidity split'
Platforms say divide between US persons and non-US persons will remain
Probable new CFTC chair 'no ideologue', say former colleagues
Dealers hope Timothy Massad's reputation as a problem-solver will lead to greater collaboration on cross-border regulation