Iosco report warns that ‘pre-hedging’ in competitive tenders can cause ‘worse execution’ for asset managers
Careful with that chainsaw
If Britain is serious about growth, it needs strong lenders with the capacity to reinvest in financing the economy
How about bank ‘bail-unders’ instead?
The Trump administration’s looser rules could breed more ‘cockroaches’ in the lending market
Clarity on regulations and how they are applied are needed as much as simplification
Main market listing comes as regulator ‘puts a lot more resources’ into digital asset class
It is impossible to command from the centre, but market participants themselves need strong regulation
Our regulatory reflex since 2008 has been to add complexity and discretion rather than fix the core design
Regulatory changes make it possible to gain exposure inside a UK tax wrapper — but few platforms offer them
Standard 62 proposes change in asset ownership rules but analysts warn of higher costs and lower bond issuance
Sam Woods says change lobbied for by industry would ‘be equivalent to ripping off our jacket, warm hat and gloves’
HTX, advised by Justin Sun, is accused by the FCA of unlawful promotion of cryptoassets
The real challenges are not fragmentation along national lines or competition between different types of trading
Credit risk out, counterparty risk in
BoE governor draws parallel with practices before 2008 financial crisis
No one seems to agree about the risks the system is running
Concerns mount about hidden exposure to private capital firms and hedge funds in wake of credit market wobbles
Rather than financial alchemy, such deals involve mispricing, reduced capital buffers and hidden risks
Tweaks to lending rules have made it easier for first-time buyers to get a foot on the housing ladder
Luckily, it has never been cheaper or easier for retail investors to access the power of options
The First Brands and Tricolor bankruptcies are best understood as a window into the modern credit value chain
Lack of guardrails could result in ‘cascading failures’, says global watchdog
Unlike most derivatives, ‘perps’ do not have an expiry date
Watchdog finds regulatory system is ‘not fit for purpose’ but stops short of proposing structural reform of sector
