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Remarks To The Council Of Institutional Investors, SEC Commissioner Kara M. Stein, Washington, D.C., May 8, 2014

Date 08/05/2014

Thank you, Gianna for that kind introduction.

Before I begin my remarks, I need to remind you that the views I am expressing today are my own and do not necessarily reflect those of the Commission, my fellow Commissioners, or the staff of the Commission.

ESMA Closed On 9 May

Date 08/05/2014

ESMA is closed on 9 May and will open on Monday 12 May. 

EBA Consults On Draft Technical Standards On The Treatment Of Equity Exposures Under The IRB Approach

Date 08/05/2014

The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) to specify the treatment of equity exposures under the internal ratings-based (IRB) approach. These RTS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union. The consultation runs until 7 July 2014.

Comptroller Of The Currency Discusses Efforts To Enhance Risk Management

Date 08/05/2014

Comptroller of the Currency Thomas J. Curry today highlighted efforts to enhance risk management during remarks before the Risk Management Association’s Governance, Compliance, and Operational Risk Conference.

Irish Stock Exchange Statistics April 2014

Date 08/05/2014

Please click here  for the April 2014 ISE monthly statistical report.

New Multi Commodity Management Platform Expected To ‘Significantly Reduce’ New Commodity Contract Launch Timescales For Exchanges

Date 08/05/2014

Kynetix, the leading provider of exchange-based commodity management platforms, today announced the launch of the Inventory Management module of Sentinel, their multi commodity management platform, which they believe will significantly reduce time to market for new commodity contracts. 

Forthcoming Capital Requirements For Swedish Banks

Date 08/05/2014

Today, FI describes how capital requirements for Swedish banks will be devised.  The information pertains to capital requirements for systemic risks for the four major banks, considerations regarding the countercyclical capital buffer and the increase to the risk weight floor for Swedish mortgages. On the whole, the information provided today describes a clear tightening of capital requirements for Swedish banks. The purpose is to create a more stable financial system which, in turn, generates positive effects on the economy.

ETFGI: European Listed ETFs And ETPs Gathered A Record Level Of US$9.2 Billion In Monthly Net Inflows In April Which Helped Push Assets To US$449.7 Billion, A New Record High, At The End Of April 2014

Date 08/05/2014

ETFs and ETPs listed in Europe gathered a record level of US$9.2 billion in monthly net new assets in April which, when combined with a small positive market performance in the month, pushed assets in the European ETF/ETP industry to a new record high of US$449.7 billion, according to preliminary data from ETFGI’s April 2014 ETF and ETP industry insights report. At the end of April 2014, the European ETF/ETP industry had 2,015 ETFs/ETPs, with 6,130 listings, from 50 providers listed on 25 exchanges across Europe.

Defensive-Oriented Stocks Outperformed In April & May As Of 6th May As Pending ECB Decisions, Ukraine Crisis Weighed On European Investors: Russell Indexes

Date 08/05/2014

Defensive-oriented stocks have outperformed dynamic-oriented stocks in Europe during the second quarter as of 6th May amid uncertainty over the European Central Bank's (ECB) monetary policy decisions and increasing tensions in the Ukraine.

Speech By Federal Reserve Governor Tarullo On Rethinking The Aims Of Prudential Regulation At The Federal Reserve Bank Of Chicago Bank Structure Conference, Chicago, Illinois

Date 08/05/2014

Rethinking the Aims of Prudential Regulation

Among the questions posed by the organizers of this 50th Annual Conference on Bank Structure and Competition is how the "regulatory-supervisory framework has fundamentally changed." I think one answer is that the aims and scope of prudential regulation have been fundamentally redefined since the financial crisis. Most significantly, a concern with financial stability and an increased emphasis on macroprudential regulation have informed major changes in both banking law and supervision. This salutary shift in perspective has important implications for prudential regulation. One is that prudential regulation must deal with threats to financial stability whether or not those threats emanate from traditional banking organizations. Hence the need to broaden the perimeter of prudential regulation, both to certain nonbank financial institutions and to certain activities by all financial actors.