Financial Regulatory Forum

UK regulator to pursue firms over structured products

LONDON, Sept 11 (Reuters) – Britain’s financial watchdog said on Friday it would be taking action against firms as the result of a review into the structured products sector.

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Government intervention said unlikely in EU share-data fragmentation

By Huw Jones
LONDON, Sept 8 (Reuters) – Fragmentation of share trading data makes it harder for European investors to spot the best prices but there is no appetite so far for public intervention, industry officials said on Tuesday.
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Europe’s derivatives sector warns on regulation

By Huw Jones
LONDON, Sept 2 (Reuters) – The trading of privately-arranged derivatives contracts must not be forced onto exchanges and there must be no penalty for choosing not to clear trades, Europe’s derivatives industry said on Wednesday.
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CME warns of one-size-fits-all market regulation

USA/   NEW YORK, Sept 1 (Reuters) – CME Group Inc <CME.O>, the world’s largest derivatives exchange operator, warned against forcing futures and equities markets into the same regulatory mold on Tuesday, ahead of hearings in Washington.
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Banks uneasy over report China state companies assert right to default on derivatives trades

By Eadie Chen and Chen Aizhu
BEIJING, Aug 31 (Reuters) – A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent.

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ECB calls for more transparency on credit derivatives

FRANKFURT, Aug 28 (Reuters) – More disclosure and transparency in credit derivatives is needed to allow better risk management in a market that amounted to over $41 trillion in December 2008, the European Central Bank said on Friday.

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SEC chair: Derivatives data key for probes -report

USA/    Aug 28 (Reuters) – Getting better access to information on derivative transactions was a “critical” factor in U.S. regulators’ efforts to curb market abuses, Securities and Exchange Commission Chairman Mary Schapiro told Bloomberg in an interview.
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ANALYSIS – New sovereign funds to emerge from crisis wreckage

Executive Director Tony Tan Keng-Yam of the Government of Singapore Investment Corporation, the world's third largest sovereign wealth fund. (File photo) By Natsuko Waki
LONDON, Aug 4 (Reuters) – As the world emerges from financial crisis, a new generation of sovereign wealth funds is set to be born, and it may act as a catalyst for the recovery of global markets.

An estimated $3 trillion is currently parked in state-owned funds which manage nations’ windfall earnings from sources such as oil, commodities and trade surpluses. Newly established funds could help to double that figure in coming years. (more…)

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

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…)

U.S. bill would restrict OTC derivatives holdings

USA/ By Charles Abbott and Rachelle Younglai
WASHINGTON, July 30 (Reuters) – U.S. financial regulators would gain the power to restrict holdings of over-the-counter derivatives under legislation to be crafted in the coming months, the chairmen of two House of Representatives committees said on Thursday.

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