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IOSCO publishes regulatory issues report


17 December 2013 Madrid
Reporter: Daniel Jackson

IOSCO made four recommendations that seek to promote market liquidity and efficiency, price transparency, and investors' execution quality in a fragmented environment...
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SEC approves new FINRA lending rules


12 December 2013 Washington DC
Reporter: Mark Dugdale

New rules in the US on securities loans and borrowings, permissible uses of customers’ securities, and callable securities have received Securities and Exchange Commission approval...
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FTT is alive and deadly, warns UK parliament group


12 December 2013 London
Reporter: Mark Dugdale

The European Commission’s approach to the enhanced cooperation behind the Financial Transaction Tax has been “unjustified and misconceived”, according to a UK House of Lords committee...
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ISLA warns against haircuts regulation


09 December 2013 London
Reporter: Georgina Lavers

The ICMA ERC and ISLA have both responded to proposed regulation from the FSB, in a joint letter that warned against the excessive curbing of haircut practices...
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BSE cuts 2 securities from SLB segment


02 December 2013 Mumbai
Reporter: Georgina Lavers

The Bombay Stock Exchange has disallowed two securities, Dena Bank and Vijaya Bank, from being lent or borrowed...
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Covering stock lending's tracks will be costly for banks


15 October 2013 New York
Reporter: Georgina Lavers

The amount of capital that banking organisations will have to set aside to cover exposures in the stock lending market could increase significantly, said a report on the issue...
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Switzerland is self-regulating its shorting


11 October 2013 Geneva
Reporter: Georgina Lavers

The Swiss stock exchange SIX has announced its intention, alongside Scoach Switzerland and Swiss regulator FINMA, to add to regulations concerning short selling...
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Not enough in the tank to dampen fire sales


08 October 2013 New York
Reporter: Mark Dugdale

Regulatory mechanisms “fall short” as a comprehensive, market-wide approach to fire sales that can result from securities financing transactions, according to Federal Reserve governor Jeremy Stein...
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EU legal council berates FTT as overreaching


13 September 2013 Brussels
Reporter: Georgina Lavers

The Financial Transaction Tax as proposed will be levied not only on risky activities, but also on activities with genuine economic substance, said a document from the EU Council Legal Service...
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ISLA offer triparty collateral help


12 September 2013 Paris
Reporter: Georgina Lavers

The International Securities Lending Association (ISLA) have published a guide to using triparty collateral services under the ESMA guidelines for ETFs and other UCITS issues...
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The Fed addresses reverse repo


30 August 2013 New York
Reporter: Georgina Lavers

The US Federal Reserve has suggested establishing a fixed-rate, full-allotment overnight reverse repurchase agreement facility as an additional tool for managing money market interest rates...