Tuesday, 06 October 2015


ESMA logo

Esma to align indirect clearing rules

06 October 2015

The European Securities and Markets Authority has opened a new consultation on rules for indirect clearing of over-the-counter and exchange traded derivatives. The regulator is hoping to reverse an inconsistent approach to the currrent requirements, which fall under two separate pieces of legislation.

pboc china

China publishes rules on consumer loans ABS disclosure

06 October 2015

China has published guidance on the issuance of asset-backed securities (ABS) backed by individual consumer loans, which is likely to set the stage for an expansion in loan securitisations in the mainland.


ECB agrees code of conduct after hedge-fund dinner criticism

06 October 2015

(Reuters) - The European Central Bank has agreed a new code of conduct to stop top officials giving select groups sensitive information, months after a rate-setter was criticised for discussing money printing plans with hedge funds.

The Canary Wharf financial district

Banks collaborate to cut costs

IFR 2103 3 October to 9 October 2015

“Costs will be the strategic battleground for our industry over the next decade,” said Barclays former chief executive Antony Jenkins, when summing up the context of his plan for the bank two and a half years ago.

EU, Commission

​EU to ease capital rules for banks

IFR 2103 3 October to 9 October 2015

The European Union will ease capital rules it has imposed on banks and insurers since the financial crisis to help markets raise more funds for reviving sluggish economic growth.