Financial Regulatory Forum

Is regulation too risky to leave to politicians? EU banks think so

By Reuters Staff
April 28, 2010

By Huw Jones

Put regulation in the hands of politicians and, well, it becomes politicised.

That, anyway, is what Europe’s new kid on lobbying block, the Association for Financial Markets in Europe (AFME’s), told the Reuters Regulation Summit about EU plans to crack down on opaque derivatives markets by insisting on central clearing of standardised contracts, trade reporting and even exchange trading. (more…)

With bank-bashing in vogue, bankers expect no hugs

By Reuters Staff
April 28, 2010

By Kirstin Ridley

Banker bashing has become a bit of an international sport — and fraud allegations against Wall Street giant Goldman Sachs and a U.S. class-action suit against Germany’s Deutsche Bank has added more grist to the mill. So it’s small wonder that a bank lobby group struck a wistful note at the Reuters Global Financial Regulation Summit in London on Tuesday. (more…)