Controversy as buy side forces U-turn on US liquidity rule
By Jonathan Weitzmann.
The liquidity risk management financial rule (Rule 22e-4) was approved on 28 June 2018 by US regulator the Securities and Exchange Commission...
Five dealers select Droit for MiFID II Compliance
By Flora McFarlane.
BNP Paribas, Crédit Agricole CIB, Goldman Sachs, Lloyds and UBS are using Droit Financial Technologies for MiFID II trade compliance infrastructure.
Jo Hannaford,...
Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
Asset managers could avoid tying up collateral under new uncleared margin rules
The majority of asset managers dragged into new uncleared margin requirements over the next two years could avoid tying up capital altogether, but still...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
Ipreo positive on FCA primary market consultation
By Flora McFarlane.
Primary market platform provider Ipreo has welcomed the consultation on primary markets by UK market regulator the Financial Conduct Authority (FCA).
“The FCA’s...
The breakdown: How asset managers are tackling fixed income unbundling
By Flora McFarlane & Dan Barnes.
With the revised Markets in Financial Instruments Directive (MiFID II) set to arrive in just under five months, buy-side...
Subscriber
AFME welcomes political agreement over CSDR mandatory buy-in
The Association for Financial Markets in Europe (AFME) has welcomed political agreement regarding the European Union's refit of the Central Securities Depositories Regulation (CSDR)....
McKinsey expects greatest FRTB impact on larger European banks
By Flora McFarlane.
The Fundamental Review of the Trading Book (FRTB) will have a greater impact on larger European banks according to a new report...
Connectivity platforms report FI deals ahead of MiFID II
By Sobia Hamid.
The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...
