Regulation

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

It's been a while since I wrote about MiFID and so, when I was asked to provide an update recently, here's what my take on the world of European trading is like two years on. Two years after the Market in Financial Instruments Directive (MiFID) came into force in Europe and not a great deal…

Over the past few weeks, I've been posting a blog each week about social networking themes in the build up to the big bank tradeshow, SIBOS. First, I argued that banks don't innovate, and then I put forward the reasons why social networks are relevant to banks. Nevertheless, although I regularly blog about social networks…

I had a chat with a couple of people last week about the hot topics in capital markets. Along with our regular talk about liquidity risk, new EU regulations and USA and EU focus upon OTC Derivatives, clearing and settlement, another subject has recently come to the fore. The use of broker–dealer capabilities to leverage…

For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA.  Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…

For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA.  Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…

For those on holiday or not in the UK, there was a fascinating interview on yesterday's Andrew Marr Show – BBC's Sunday morning political and business review – with Hector Sants, the head of the FSA.  Here's the piece I particularly liked: "If you think about the bonus question, really it's helpful to disentangle it…

It’s July 31st and we are pleased to announce that, during the summer, the Financial Services Club's in-depth analysis and research project about the country-level plans for the transposition of the Payment Services Directive (PSD) on 1st November 2009 and the implementation of SEPA Direct Debits (SDD) on 2nd November has been a success. Over…

Paul Kedrosky's Infectious Greed is always a great read, and today he's posted some blurb from Science Magazine that's worth repeating here. The Science article is called Economic Networks: The New Challenges by Frank Schweitzer et al. in Science, July 24, 2009.  Here's the abstract: "The current economic crisis illustrates a critical need for new…