Citigroup Global Markets has admitted wrongdoing and agreed to a $7 million penalty to settle charges that it provided incomplete blue sheet information to the US Íø±¬³Ô¹Ï and Exchange Commission over a 15-year period...
The Basel leverage ratio fundamentally threatens the business model of clearing members and will endanger the stability of the global financial markets, according to a joint industry comment letter...
Five financial industry associations have joined forces to express their strong concern about the implications of including central bank cash balances within Basel III’s leverage ratio framework...
The vast majority of banks are confident that they’re prepared for implementation of TARGET2-Íø±¬³Ô¹Ï (T2S), according to a survey by Clearstream and Accenture...
The securities lending industry arguably receives a disproportionate amount of regulatory attention compared to the average contribution its business brings, a Vanguard Research Group whitepaper has suggested...
The Financial Stability Board has highlighted the securities lending activities of asset managers acting as agent lenders as one of four key financial stability risks to be addressed in 2016...
Concerns of a collateral shortage in the wake of the implementation of the EMIR were dismissed as unfounded by the Steven Maijoor, chair of the ESMA, in a keynote speech at ISLA’s annual conference...
The UK’s decision to leave the EU will have far reaching impact on multiple asset classes in EU markets and may force central banks to act to maintain order, according to analysts at Pioneer Investments...