News
UFJ clerk convicted of theft to feed gambling habit
LOSSES & LAWSUITS
Two named in $6.7 million illicit gains schemes
LOSSES & LAWSUITS
CEIOPS looks at Solvency II developments
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) held its Members’ Meeting, where it addressed the development of Solvency II and approved its final “Answers to the European Commission’s third wave of Calls for Advice in…
CBOT to list electronic ag futures
The Chicago Board of Trade will list agricultural futures on its electronic trading platform from August, in a move it says was driven by customer demand.
UK pension deficits cut by 61%
The pension deficits of the UK’s 200 largest defined benefit schemes have declined by 61% in the first four months of the year because of increasing returns from the equity and bond markets, according to research from Aon Consulting. Deficits now stand…
Of MiFID and Market Data
The EU's Markets in Financial Instruments Directive will dramatically transform the structure of the market data industry, according to market participants.
Fisco publishes study on barriers to cross-border securities trading
The European Commission’s Clearing and Settlement Fiscal Compliance expert group (Fisco) has issued a fact-finding study examining EU fiscal compliance procedures for clearing and settlement of cross-border securities transactions. The study analyses how…
CEBS extends the deadline for responses to questionnaire on large exposures
The Committee of European Banking Supervisors (CEBS) has granted an extension to the deadline for industry to comment on the EC’s call for advice on large-exposure rules following industry concerns related to the tight timeline. The revised deadline is…
FSA publishes letter detailing views on fighting money laundering
The Financial Services Authority (FSA) has today published a letter written to Ian Mullen, chair of the Joint Money Laundering Steering Group (JMLSG), detailing implications of the group’s guidance to the development of the Anti-Money Laundering (AML)…