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Switzerland is self-regulating its shorting


11 October 2013 Geneva
Reporter: Georgina Lavers

The Swiss stock exchange SIX has announced its intention, alongside Scoach Switzerland and Swiss regulator FINMA, to add to regulations concerning short selling...
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Not enough in the tank to dampen fire sales


08 October 2013 New York
Reporter: Mark Dugdale

Regulatory mechanisms “fall short” as a comprehensive, market-wide approach to fire sales that can result from securities financing transactions, according to Federal Reserve governor Jeremy Stein...
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EU legal council berates FTT as overreaching


13 September 2013 Brussels
Reporter: Georgina Lavers

The Financial Transaction Tax as proposed will be levied not only on risky activities, but also on activities with genuine economic substance, said a document from the EU Council Legal Service...
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ISLA offer triparty collateral help


12 September 2013 Paris
Reporter: Georgina Lavers

The International Թ Lending Association (ISLA) have published a guide to using triparty collateral services under the ESMA guidelines for ETFs and other UCITS issues...
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The Fed addresses reverse repo


30 August 2013 New York
Reporter: Georgina Lavers

The US Federal Reserve has suggested establishing a fixed-rate, full-allotment overnight reverse repurchase agreement facility as an additional tool for managing money market interest rates...
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Prime brokerage “not an option” for CLO financing


05 August 2013 New York
Reporter: Georgina Lavers

New risk retention rules will dramatically shrink the collateralised loan obligation market, and prime brokers will not help the situation, said The Loan Syndications and Trading Association in a letter to US regulators...
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UK bans short selling in Portuguese bank shares


05 July 2013 London
Reporter: Mark Dugdale

The shares of three Portuguese banks were banned from short selling in the UK on 4 July. The Financial Conduct Authority imposed the ban, which was in force between 8am and 11.59pm, because of the volatility of recent trading...
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Greece may be back in the short selling game


01 July 2013 Athens
Reporter: Georgina Lavers

It has been reported that Greece's capital markets regulator will lift a short selling ban now that the country's major banks have been recapitalised...
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IOSCO addresses impact of ETF regulation on lending


25 June 2012 Madrid
Reporter: Georgina Lavers

Large ETF providers in some jurisdictions have substantially increased the disclosure to investors regarding the collateral held and the use of securities lending, as well as the management of counterparty risk, said IOSCO...