European Commission (EC)

Learning from Basel's mistakes

Regulators are looking again at the Basel II Accord in an attempt to incorporate the lessons learned from the financial crisis. What have Solvency II rule-makers learned from the Basel experience? Joel Clark investigates

Banks agree to EU CCP for clearing CDS

Nine major dealers agreed to use an EU central counterparty (CCP) for clearing trades in credit default swaps (CDSs) today, paving the way for talks to resume with the European Commission.

European talks stall on CDS clearing

The European Commission's initiative to move the majority of over-the-counter credit default swaps (CDS) onto central clearing facilities has stalled after failing to get written commitments from certain parties.

EC outlines proposal to regulate rating agencies

The European Commission (EC) today outlined a formal proposal to regulate credit rating agencies, which it hopes will improve the quality of ratings, restore investor confidence and reduce the conflicts of interest “inherent to the ratings business”.

EC demands centralised clearing by year end

At a meeting with industry groups and regulators on October 22, the European Commissioner for internal markets and services, Charlie McCreevy, outlined his intentions to move credit derivatives away from the over-the-counter (OTC) market and under…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here