||23/11/2011 - DB research : OTC derivatives market: Update on current regulatory initiatives -14/11/2011 - DB|
||26/10/2011 - Commission européenne - Rapport : "Making OTC Derivatives Safe A Fresh Look" - EC|
Document publié lors de la Conférence sur le paysage du post marché européen : la marche en avant le 24/10/2011
||21/10/2011 - MIFID II: Draft and Impact assessment - EC|
Draft MIFID II
||03/02/2011 - Legislative Observatory - Regulation of trading in financial instruments - "dark pools" etc. - EP|
Follow on line MIFID revision
||15/09/2010 - European Commission - Regulation proposal on derivatives - EC|
As part of its ongoing work in creating a sounder financial system, the European Commission has tabled today a proposal for a regulation aimed at bringing more safety and more transparency to the over-the-counter (OTC) derivatives market. In its draft regulation, the Commission proposes that information on OTC derivative contracts should be reported to trade repositories and be accessible to supervisory authorities.
||03/09/2010 - Nout Wellink: Fundamentally strengthening the regulatory framework for banks - BRI|
Remarks by Mr Nout Wellink, President of the Netherlands Bank and Chairman of the Basel Committee on Banking Supervision, at the Korea-FSB Financial Reform Conference: An Emerging Market Perspective, Seoul, 3 September 2010.
||01/09/2010 - Jean-Claude Trichet: Central banking in uncertain times - conviction and responsibility - ECB|
Speech by Mr Jean-Claude Trichet, President of the European Central Bank, at the symposium on "Macroeconomic challenges: the decade ahead", Jackson Hole, Wyoming, 27 August 2010.
||01/09/2010 - Thomas C Baxter, Jr: Too big to fail expectations and impact of extraordinary government intervention and the role of systemic risk in the financial crisis - BIS|
Read the speech of Thomas C Baxter, Executive Vice President and General Counsel of the Federal Reserve Bank of New York.
||29/04/2010 - Regulatory Observatory - OTC market regulation - EP|
View the European Regulatory Observatory website on Derivatives markets regulation
||13/04/2010 - IMF's Global Financial Stability Report : Systemic Risk and the Redesign of Financial Regulation - IMF|
The recent crisis has triggered a flood of regulatory reform proposals to deal with systemic risksthe potential for distress in one institution to adversely affect others. However, details on many of these proposals are lacking.
|19/03/2010 - Overcoming too-big-to-fail: A Regulatory Framework to Limit Moral Hazard and Free Riding in the Financial Sector - CEPS|
Download the new CEPS book prepared by a joint CEPS-Assonime task force and which outline a comprehensive framework from for regulating cross boarder banking groupe. Read the full document
|19/03/2010 - IMF Working Paper - Crisis Management and Resolution for a European Banking System - IMF|
Download the full document (.pdf)
|12/03/2010 - FSA - Financial Risk Outlook 2010 report publication - FSA|
The Financial Services Authority (FSA) today published its Financial Risk Outlook (FRO) outlining the main risks and issues present in its operating environment, affecting firms, markets and consumers.
||01/03/2010 - MEP Werner Langen report on OTC derivatives markets - PE|
The report recommends that credit-default swaps should be subjected to independent central clearing, and that derivatives dealers should not own central counterparties. Read the report
|18/02/2010 - Mr Fleuriot's report on MIFID issues - MINEFE|
The report was ordered by Mrs Christine Lagarde to prepare MIFID's review.
|18/02/2010 - Market Fragmentation and Liquidity - Pr Thierry Foucault - HEC|
View Pr Thierry Foucault's presentation at EIFR working breakfast "Market Fragmentation and Liquidity"
|25/01/2010 - 3 L 3 Cross-Sector Seminar on MiFID - FSA|
View the slides
|17/12/2009 - Basel Committee - Consultative proposals to strengthen the resilience of the banking sector - Basel Committe|
At its 8-9 December meeting, the Basel Committee on Banking Supervision approved for consultation a package proposals to strengthen global capital and liquidity regulations with the goal of promoting a more resilient banking sector.
|09/12/2009 - CEBS Guidelines on Liquidity Buffers - CESR|
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines on liquidity buffers following a four-month public consultation period and a public hearing. These guidelines, which build on CEBS's Recommendations on Liquidity Risk Management, elaborate upon the appropriate size and composition of liquidity buffers to enable banks to withstand a liquidity stress for a period of at least one month without changing their business models.
|10/08/2009 - The ECB publishes Credit Defaul Swap and counterparty risk - ECB|
In the light of the recent crisis recent developments this report aims to assess the counterparty risk and the main related risks faced by European market participants that are active within and exposed to the credit default swap (CDS) market.Download the full document (.pdf)
||22/07/2009 - Consultation on classification and identification of OTC derivative instruments - CESR|
CESR publishes the responses to its consultation on classification and identification of OTC derivative instruments for the purpose of the exchange of transaction reports amongst CESR Members.
|22/06/2009 - CEBS TODAY PUBLISHES ITS LIQUIDITY IDENTITY CARD - CEBS|
The Committee of European Banking Supervisors (CEBS) today publishes its liquidity identity card (hereafter liquidity ID) aiming at providing supervisors of European cross-border banking groups with a single prudential language to enable meaningful exchange of information, in particular within colleges of supervisors.
|28/03/2007 - CEPS : Financial Market data and MIFID - CEPS|
The opening-up of the market for equity market data, as foreseen in the Markets in Financial Instruments Directive (MiFID), raises the question of whether data will be sufficiently consolidated and of high enough quality, or whether the information will become too fragmented, thereby hindering price transparency and the implementation of best
execution policies. This policy brief outlines the market for financial market data, the provisions of MiFID and the implementing measures regarding financial data and data consolidation. It also looks at the approaches taken by Committee of European Securities Regulators, the FSA and the US authorities. It concludes that markets should be capable of adapting and that additional licensing requirements, such as those proposed by the FSA, are in fact premature and might act as a barrier to the single market. Nor does it find that a US-style monopoly consolidator would be needed. Download the full report (.pdf 7 pages)
|05/12/2005 - White Paper on Financial Services Policy (2005-2010) - Comm. Européenne|
The Commission's strategy explores the best ways to effectively deliver further benefits of financial integration to industry and consumers alike.