Financial Regulatory Forum

PREVIEW-Final act begins in U.S. Congress on Wall St reform

June 7, 2010

By Kevin Drawbaugh

WASHINGTON, June 7 (Reuters) – Negotiators from the U.S. Senate and House will begin meeting this week to craft a final Wall Street reform bill, with banks facing changes that threaten their profits, if not their business models.

FACTBOX – How does the EU plan to shake up financial services?

April 7, 2010

BRUSSELS, April 7 (Reuters) – The European Union (EU) is embarking on an overhaul of financial services that politicians hope will send bankers back to their roots of no-frills lending to households and business.

U.S. derivatives market agrees to more transparency – NY Fed

January 15, 2010

    NEW YORK, Jan 14 (Reuters) – Big players in the $450 trillion derivatives markets agreed to increase transparency and expand the volume and type of contracts they route to central counterparties, the New York Federal Reserve said on Thursday. (more…)

Barclays says cooperating with India regulator on derivatives

December 10, 2009

    MUMBAI, Dec 10 (Reuters) – Barclays <BARC.L> said on Thursday it was cooperating with the Securities and Exchange Board of India (SEBI), a day after the Indian regulator barred the British bank from transacting new offshore derivative instruments. (more…)

ANALYSIS-Execs say US, EU swaps reforms bold but need work

October 23, 2009

    By Jonathan Spicer
   CHICAGO, Oct 22 (Reuters) – Exchange and clearinghouse operators, walking a fine line between regulators and customers, said this week new government plans to revamp global derivatives trading are bold but in need of serious revisions. (more…)

Draft US bill frees some from derivatives clearing

October 6, 2009

REGULATION-SUMMIT/   By Kevin Drawbaugh
   WASHINGTON, Oct 5 (Reuters) – Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system. (more…)

UK, oil groups to meet on U.S. regulation pressure

August 4, 2009

Fuel tanker in Britain (file) By Christopher Johnson
LONDON, Aug 4 (Reuters) – Britain’s financial watchdog and the UK Treasury will meet oil industry representatives on Wednesday in response to U.S. pressure for more regulation of commodities markets. (more…)