An enhanced regulatory discipline recalibrated almost two years ago, conduct risk has served as a point of confusion for firms due to the lack of prescriptive guidelines provided by the regulator. However, this is no excuse for ignoring the issue.
Proposals for the mandatory buy-in of securities if trades fail to settle could drive market-makers out of the market.
A combination of new political strategies at home and abroad, evolving trade routes and weak oil prices are creating a new environment for Latin America. The Banker asked a group of influential economists how the future will look for the region.
Secondments would provide regulators with greater expertise, but potential conflicts of interest must be carefully handled.
The European Parliament’s rapporteur is meeting stiff opposition to his idea of excluding market-making activities from bank structural reform.
Executives who live with uncertainty should resist the fallacy of arithmetic precision when making investment decisions, says Georgios Samakovitis of the University of Greenwich.
A sweeping overhaul to EU rules on bond market transparency could aggravate a liquidity shortage in secondary trading.
Regulators are fretting over the structure of bankers' pay; shareholders should be more worried about the size of it.
Regulators are playing an important role in how banks guard against cyber risks, but their emphasis is very much on guidance and co-operation rather than rules and coercion.
Banks face a continued onslaught of regulation in 2015 as politicians fine-tune forthcoming legislation to toughen up the banking system.