As part of his stated goal of creating a more business-friendly environment, the new US president plans to "do a number" on the 2010 Act. How far will he go?
Tag : dodd frank
CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.
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The rising tide of cross-border regulation is making life difficult, argue senior traders at big fund houses, who want to see greater consistency across jurisdictions.
US Democrats have renewed their push to raise the tax on carried interest charged on alternative investment firms. Such a move could affect Asia-based individuals.
Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.
Asset managers appear resigned to the drive by governments globally to collaborate on information exchange and withholding requirements for combating tax evasion, says JP Morgan.
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
Under pressure from tighter regulations and shrinking trading volumes, broker-dealers say they need to reform their cash equity businesses to survive.
The sovereign wealth fund’s executive VP, Jesse Wang, labels proposed US and UK regulatory change “anti-globalisation” and challenges Hong Kong to step into the breach.
The bank becomes the second after Citi to combine trading execution with settlement/clearing on a multi-asset class platform.
Compliance officers at financial institutions outline how the cost of complying with a raft of regulatory reforms is dampening innovation and making it difficult to stay competitive.
Some are waiving fees to prevent negative yields for investors and that’s hitting top-line growth, even as regulatory changes support their business models, reflects Northern Trust.
