Regulation

    Y’know there’s been quite a lot of discussion about the systemic risks in the market right now, particularly in light of the sub-prime issues.  I’ve blogged about this a few times already, from hedge fund pressures through to algo technology explosions, but I purposely avoided too much discussion of the US sub-prime market…

    Y’know there’s been quite a lot of discussion about the systemic risks in the market right now, particularly in light of the sub-prime issues.  I’ve blogged about this a few times already, from hedge fund pressures through to algo technology explosions, but I purposely avoided too much discussion of the US sub-prime market…

I was intrigued to see the lack of headlines about American Express this month, especially as they were fined $65 million by the US Department of Justice the other day.  I only caught the news hidden in a US notice about banking matters.  Although it did get a little coverage in America, it wasn’t in…

I was intrigued to see the lack of headlines about American Express this month, especially as they were fined $65 million by the US Department of Justice the other day.  I only caught the news hidden in a US notice about banking matters.  Although it did get a little coverage in America, it wasn’t in…

Intriguing news about our anticipated new trade reporting services, with one of my City friends asking if Project Boat will float whilst another tells me Yellow Submarine is already sunk. Project Boat is the trade reporting service being launched by Europe’s largest investment banks in response to MiFID, and was a major news item when…

The International Monetary Fund has just issued their analysis of what’s going on in European financial markets (64 page pdf), with a particular focus on MiFID. Here’s a summary of the key headline impacts of MiFID in their view: the new environment created by MiFID could trigger drastic changes in the architecture of capital markets…

The FSA’s principle-based approach to regulation has won it a lot of favorable attention in the US. Leave it to the Wall Street Journal to weigh in with criticism for its failure to protect individual shareholders in the UK. The Journal sees the FSA as trying to protect the London marketplace rather than the individual…

The FSA’s principle-based approach to regulation has won it a lot of favorable attention in the US. Leave it to the Wall Street Journal to weigh in with criticism for its failure to protect individual shareholders in the UK. The Journal sees the FSA as trying to protect the London marketplace rather than the individual…

The FSA’s principle-based approach to regulation has won it a lot of favorable attention in the US. Leave it to the Wall Street Journal to weigh in with criticism for its failure to protect individual shareholders in the UK. The Journal sees the FSA as trying to protect the London marketplace rather than the individual…

The FSA’s principle-based approach to regulation has won it a lot of favorable attention in the US. Leave it to the Wall Street Journal to weigh in with criticism for its failure to protect individual shareholders in the UK. The Journal sees the FSA as trying to protect the London marketplace rather than the individual…