Tag Archives: regulation

The ethics of soft closure. Are emerging markets funds really closed?

The rout of emerging markets has exposed some serious ethical issues. As the crisis progresses, investors are still getting little more than soothing words from most managers. Much of this pays little heed to the change in outlook for the BRICs or the turmoil in emerging Europe. Few managers highlighted the risks in Ukraine, for […]

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Dealing commissions; do clients get value for their money?

In one key area of asset management, the UK regulator is aiming for global leadership. The Financial Conduct Authority has ambitions to drive the EU debate on dealing commissions, and establish London as an investor-focused low cost centre. The first step is its current consultation on dealing commissions, which should raise standards and give retail […]

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Is the Forex market beyond control?

How big is too big to rig? Can the scale of a market put it beyond anyone’s ability to manipulate? Forex trading may soon answer these questions, as investigations into possible breaches begin on both sides of the Atlantic. Even a market that trades $5.3 trillion per day may not be beyond the ability of […]

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Need for Regulation on the Conflicts in Banks’ Growing Role in Commodities

There is a clear danger in allowing major financial institutions to dominate both commodity derivatives markets and the related cash commodities. Now, the growing involvement of banks in commodities markets is finally being placed under the microscope. Next month the US Federal Reserve is expected to report on whether it will allow US banks to […]

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Universal bank model challenged by global divergence in bank regulation

Synopsis: Bank regulation appears to be diverging globally, with doubts that Basel will provide a reliable and consistent basis for international co-operation on bail-ins involving depositors. The flexibility to change VaR models, re-classify financial assets and adjust risk weights is driving regulators to set rules that cannot be gamed away by banks. This will involve […]

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