Financial Regulatory Forum

Asia regulators say G20 reform driven by U.S., Europe

By Reuters Staff
November 29, 2010

By Daisy Ku and Rachel Armstrong

HONG KONG, Nov 29 (Reuters) – The lack of a unified Asian voice in the Group of 20 leading economies means the United States and Europe are driving the overhaul of global financial regulation with several of the new rules posing significant challenges for emerging markets, regulators said in a regional summit on Monday.

ANALYSIS-Implementation key to Basel III success

By Reuters Staff
September 13, 2010

By Huw Jones

LONDON, Sept 12 (Reuters) – The global “Basel III” deal on bank capital standards was reached at lightning speed by usually glacial regulators — substantive negotiations took about a year, compared to a decade for the current Basel II rules.

ANALYSIS-Transaction taxes, liquidity and patience

By Reuters Staff
September 8, 2010

By Mike Dolan

LONDON, Sept 8 (Reuters) – The case for a tax on global financial transactions may have been perversely boosted by the relative success of foreign exchange markets through the past three years of world banking turmoil.

ANALYSIS-China FX move only a minor aid to G20 rebalancing

By Reuters Staff
June 21, 2010

By Brian Love

PARIS, June 21 (Reuters) – G20 leaders are likely to remain divided over how to balance the global economy at their summit in Canada this weekend, despite China’s decision to let its currency trade more freely.

FACTBOX-State of play on global bank levies pre-UK budget

By Reuters Staff
June 21, 2010

June 21 (Reuters) – British Finance Minister George Osborne will unveil plans for an extra tax on banks to pay for bailouts on Tuesday as part of a budget expected to be the most austere in 30 years.

COLUMN-G20 recipe for deflation, protectionism-James Saft

By Reuters Staff
June 8, 2010

(James Saft is a Reuters columnist. The opinions expressed are his own)

By Jim Saft

HUNTSVILLE, Ala., June 8 (Reuters) – It may be folly or it may be prudence, but the move to fiscal austerity and restraint will be deflationary, will be bad for risky asset prices and will raise further the threat of protectionism.

ANALYSIS-Next phase of financial crisis may be the hardest

By Reuters Staff
May 24, 2010

By Emily Kaiser

WASHINGTON, May 21 (Reuters) – It took $5 trillion and an unprecedented global coalition of G20 countries to stabilize the economy after investment bank Lehman Brothers collapsed in 2008. Quelling the next phase of the financial crisis may be even harder.

FACTBOX – Comparing EU and U.S. financial reform

May 21, 2010

LONDON, May 21 (Reuters) – The U.S. Senate approved a reform of Wall Street on Thursday and President Barack Obama may be signing into law the most sweeping changes to financial rules since the 1930s as soon as next month.

ANALYSIS-Bank capital rules are regulatory drive’s top test

By Reuters Staff
May 4, 2010

By Huw Jones

LONDON, May 4 (Reuters) – This month could bring overdue progress in a global drive to regulate the financial sector in the European Union and United States, but the acid test for policymakers will be agreeing global bank capital rules.