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REGULATORS AND REGULATION

The Institute of International Finance (IIF), an association of leading banks, has called for more co-operation and discussion on bank capital accounting issues between the Basel Committee on Banking Supervision and the International Accounting Standards Board (IASB).

Speaking at a press conference in London last month, Daniel Bouton, chairman and chief executive of Société Générale, and chairman of the IIF’s steering committee on

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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