The new commissioner of the Commodity Futures Trading Commission has pledged to replace existing regulation with more cross-border friendly rules. Will it be enough to reverse the fragmentation of the global market? 

With competition for offshore renminbi business heating up, London and Singapore are both establishing themselves as strong competitors to Hong Kong’s lead, as is the US, which has huge potential for development. 

Until now, banks have managed their payment and settlement obligations based upon end-of-day forecasts, but from January 2015 the Basel Committee on Banking Supervision wants to see banks monitoring their balances intraday. Frances Faulds reports on how the industry is adapting to this fundamental change to reduce operational risk.

With the foreign exchange market reeling from global investigations into the possible manipulation of trading, Frances Faulds looks at the impact more onerous regulation might have on the market.

The long awaited analysis of foreign exchange options data has finally put a figure on the size and nature of the clearing challenge. Frances Faulds looks at what the next step might be.