The fundamental review of the trading book is due for completion by the end of 2015, but impact studies have thrown up some alarming results.
Different jurisdictions are likely to implement different standards and legal frameworks for total loss-absorbing capital, making investor analysis challenging.
European Commission proposals to ease bank capital requirements on asset-backed securities have not yet satisfied the Europeans, but have already unnerved the Americans.
End-users fear the European Banking Authority’s attempt to control shadow banking via bank exposure limits could backfire.
Proposed rules to impose a capital charge on interest rate risk on the banking book could make managing core lending much more complicated.
US and EU regulators have promised to keep working toward mutual recognition of each other’s derivative clearing houses, but there is an ideological gap to bridge.
The advent of swap execution facilities has not brought about the open access to trading that buy-side participants expected.
The Basel Committee’s fundamental review of the trading book is an immensely complicated task, and tight deadlines have the banks in a panic.
Proposals for the mandatory buy-in of securities if trades fail to settle could drive market-makers out of the market.
The European Parliament’s rapporteur is meeting stiff opposition to his idea of excluding market-making activities from bank structural reform.
A sweeping overhaul to EU rules on bond market transparency could aggravate a liquidity shortage in secondary trading.
The Financial Stability Board’s proposal for bail-in debt appears ill-suited to continental European banking group structures.
The EU has introduced a liquidity coverage ratio for banks that is noticeably weaker than its US equivalent.
Ever-growing penalties for misdemeanours ranging from Libor rigging to money laundering are starting to undermine bank capital ratio calculations.
Market participants are disputing attempts by the European Securities and Markets Authority to extend crucial MiFID II rules to address a new political priority.
Both the EU and New York are looking to bring digital currencies under a full regulatory regime, but their approaches are rather different.
Key legislation on the structural reform of banks held over from the previous European Parliament and European Commission may now take a back seat.
Austrian banks are complaining that the eurozone stress test is biased against central and eastern Europe.
The Basel Committee’s net stable funding ratio takes is taking aim at the market for securities financing and lending.
The European Parliament has voted for an overhaul of outdated data protection laws, but banks are grappling with some uncertain implications