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UK sues EU over plans to ban short selling


07 June 2012 London
Reporter: Mark Dugdale

The UK’s Chancellor of the Exchequer has filed a lawsuit against the EU in a bid to stop it giving ESMA the power to limit or to ban short selling in an emergency...
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SunGard issues BCBS proposals paper


01 June 2012 London
Reporter: Mark Dugdale

SunGard has released a paper outlining the likely impact of the Basel Committee on Banking Supervision’s proposals to review the market risk framework under which banks calculate their regulatory capital requirements for the trading book...
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RBC Dexia Investor Services deal gets green light in Europe


15 May 2012 Brussels
Reporter: Mark Dugdale

The Royal Bank of Canada’s (RBC’s) move to take full control of global custody, fund and pension administration services provider RBC Dexia Investor Services has been approved in Europe...
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BlackRock plead more time over ETFs from ESMA


02 April 2012 London
Reporter: Georgina Lavers

BlackRock argued that ESMA’s new guidelines overly focus on securities lending, and is asking the regulatory body to delay their 30 March deadline...
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Repo-to-maturity revamped by FASB, SEC


28 March 2012 Washington
Reporter: Georgina Lavers

An overhaul of the accounting rules that led to the collapse of MF Global could take place this year, said officials at FASB and SEC...
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GlobeOp produces new SEC guidance


26 March 2012 London and NY
Reporter: Georgina Lavers

Financial services company GlobeOp has offered insight on the US regulation Form PF ahead of its implementation deadline...
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"Broad agreement" on FTT in European Parliament


10 January 2012 Brussels
Reporter: Anna Reitman

A "very broad agreement" in favour of an EU financial transaction tax emerged at the start of the Economic and Monetary Affairs Committee's work on the legislative proposal...
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FINRA fines UBS Âé¶¹´«Ã½ $12m


26 October 2011 Washington
Reporter: Anna Reitman

The Financial Industry Regulatory Authority (FINRA) has announced that it has fined UBS Âé¶¹´«Ã½ $12 million for violating RegSHO and failing to properly supervise short sales of securities...