Federal Reserve
US dealers breathe easier as global uncleared margin rules take shape
The extraterritorial scope of US margin rules would have left US banks’ overseas swaps business in tatters, but an international working group looks set to deliver a reprieve by endorsing similar rules
Bank capital
In depth: bank capital introduction
Stronger defences needed: stress testing a eurozone break-up
For a few dollars more
Insurance Sifis face bank-style supervisory regime
A suitable ploy?
Banks tout break clauses as capital mitigant
Breaking with tradition
Volcker rule will not be ready for July, Fed chair admits
Expert predictions of delayed start date proven correct
Deloitte appoints three experts to banking and securities team
Big Four firm names new head of regulatory practice and two directors
Basel 2.5: US ratings workaround criticised
Workaround woes
Swaps push-out a 'vast overreaction', says OCC's Walsh
Section 716 of the Dodd-Frank Act is based on a misperception of OTC derivatives, says acting OCC head - who also acknowledged criticism of US uncleared margin proposals
Use of OECD ratings in US market risk proposals questioned
Country risk classifications "are not sovereign ratings" says OECD. US regulators last month proposed using them as an alternative to external credit ratings
Risk managers complain about Fed stress test workload
Twelve new banks are included in this year's US stress test, and some institutions are unhappy about the extra work
CFTC's Sommers and O'Malia attack 'unworkable' Volcker rule
Republicans dismiss prop trading ban as overly complex, unworkable and unenforceable
Basel 2.5: US ratings workaround too punitive, banks complain
Basel 2.5: US ratings workaround too punitive, banks complain
July deadline in question for Volcker implementation
Industry experts divided over Volcker deadline of July 2012
Supervision not regulation, says SEB's Hansen
Rather than rushing to increase regulation and potentially creating compliance costs and regulatory risks, authorities should be getting involved at the ground level to improve supervision, says Lars Hansen, Swedish insurer SEB Life’s chief risk officer
Repeal of Dodd-Frank's swaps push-out seen as unlikely to pass Congress
Despite positive vote by House subcommittee, lawyers say a bill repealing section 716 of Dodd-Frank will not pass
Axa IM fixed-income head says euro collapse more inflationary than ECB printing euros
It is difficult to foresee borrowing costs for Italian, Spanish or other troubled debt falling permanently with "anything other than the ECB being used as a lender of the last resort", says Chris Iggo
Non-US banks stunned by Volcker compliance regime
Non-US banks stunned by Volcker compliance regime
CFTC will publish its own Volcker rule language, says Sommers
Supervisor will publish its own Volcker rule for consultation – although little progress has been made so far, says CFTC commissioner
US watchdog spots conflict of interest with Fed director roles
US Government Accountability Office identifies three examples where senior bank executives might have benefited from their positions on regional Federal Reserve boards
Foreign regulators leave US isolated on uncleared margin rules
Follow the leader?
FSB: risk managers should advise on compensation
FSB remuneration guidelines suggest all firms should have risk management executives on compensation committee