Financial Regulatory Forum

ANALYSIS – EU focus on credit default swaps may not yield bans

March 5, 2010

By Huw Jones

LONDON, March 5 (Reuters) – European governments are exploring ways to curb trade in credit default swaps but may have to settle for requiring greater disclosure rather than banning certain forms of speculation.

ANALYSIS – Hedge funds get smart to avoid bonus barriers

March 2, 2010

By Laurence Fletcher

LONDON, March 2 (Reuters) – Hedge fund investors could be left out of pocket as managers conjure up shortcuts to earn once again the lucrative bonuses based on performance fees that were a feature of the industry before the credit crisis.

State Street says U.S. requested info on funds

February 23, 2010

   By Svea Herbst-Bayliss
   BOSTON, Feb 22 (Reuters) – State Street Corp <STT.N> reported on Monday that federal securities regulators and federal prosecutors had asked it to supply information about several of its funds. (more…)

Spain tightens proposed hedge fund rules

February 16, 2010

SPAIN    By Huw Jones
   LONDON, Feb 16 (Reuters) – European Union president Spain tightened proposed rules to regulate hedge funds and private equity groups, prompting accusations of protectionism from within the industry but potentially speeding up moves towards a deal. (more…)

UK’s Darling calls for global coordination -report

February 5, 2010
Darling: don't go it alone

Darling: don't go it alone

    MILAN, Feb 5 (Reuters) – British Finance Minister Alistair Darling reiterated that breaking up banks and going it alone was not the way to fight the crisis, preferring global coordination, he told Italian daily Il Sole 24 Ore in an interview on Friday. (more…)

ANALYSIS – Shadow banks hold key to post-Basel bank profits

January 26, 2010

By Kevin Drawbaugh

WASHINGTON, Jan 26 (Reuters) – Bank profits are set to come under serious pressure at the end of 2012 from higher global capital and liquidity standards, but just how bad it gets depends greatly on the future of the “shadow banking system”.

Europe welcomes Obama bank plan, won’t imitate it

January 22, 2010

By Keith Weir and Crispian Balmer

LONDON/PARIS, Jan 22 (Reuters) – Major European economies offered support on Friday for U.S. President Barack Obama’s plan to limit banks’ size and trading activities but indicated they had no plans to follow suit.

SCENARIOS-How Obama’s bank reforms could affect banks

January 22, 2010

NEW YORK, Jan 21 (Reuters) – U.S. President Barack Obama is looking at limiting risk-taking at banks.

Obama threatens fight with banks on new risk rules

January 22, 2010

By Jeff Mason and Kevin Drawbaugh

WASHINGTON, Jan 21 (Reuters) – U.S. President Barack Obama threatened to fight Wall Street banks on Thursday with new proposals to limit financial risk taking, sending stocks and the dollar tumbling.

ANALYSIS – Caymans woos investors with immigration incentives

December 29, 2009

Ugland House (R), which houses the office of the Cayman Islands' largest law firm Maples and Calder and is the registered office of some 18,000 companies, on Grand Cayman Island is seen in this handout released September 25, 2009. By Shurna Robbins

GEORGE TOWN, Cayman Islands, Dec 28 (Reuters) – The Cayman Islands are promising immigration incentives to keep foreign firms from quitting the Caribbean hedge fund hub, but locals want a bigger share of jobs in the lucrative financial sector.