Chuka Umunna MP gave a keynote speech as patron for Black Cultural Archives, the UK’s first national heritage centre dedicated to Black British history, on Wednesday 14 October at global legal firm Fasken Martineau LLP. Black Cultural Archives’ welcomed Chuka at the launch of their fundraising event, BCA in the City generously sponsored by Fasken.

Mental stressors are maybe less obvious but just as profound. We all know we like to be recognised and valued for who we are and the work we do. Unfortunately this doesn’t always happen in daily life.

The global derivatives markets – in particular, the market for euro interest rate swaps – remains fragmented along geographic lines, according to an analysis of data to June 30, 2015. This report is the fourth in a series of research notes charting changes in global liquidity pools since US swap execution facility (SEF) rules came into force in October 2013.

Market participants and investors have underestimated the impact that the Basel Capital Framework is having on both the buy-side and the sell-side. The potential impact of the framework will be significant going forward and banks may further cut back on the business lines they participate in.

In the last few years, the financial markets have undergone dramatic change. While some of this is down to natural evolution, much of the change can be directly attributed to new rules introduced in the wake of the 2007 crisis.

In response to the financial crisis that began in 2008, the leaders of the Group of Twenty (G20) nations agreed to a series of measures following concerns about systemic risks in over-the-counter (OTC) derivatives markets. The financial Stability Board (FSB) tasked with revamping the system initiated steps ranging from transparency of the over-the-counter (OTC) derivatives market, protecting against market abuse and mitigating systemic risk.

At the end of this year, the Basel Committee on Banking Supervision plans to finalize its Fundamental Review of the Trading Book (FRTB).

Posted by Norm Champ, Harvard Law School, on Thursday, October 22, 2015

The second edition of 'MA Dialogue': South Africa - A new partnership to manage the emerging need for Post Trade Control solutions; MA Community Group - next meeting alert
MiFID II v EMIR, different objectives call for a different approach - says Dan Simpson, Regulatory Research Analyst at JWG Group; Incoming Clearing Reports; User & Community Group - April 2015 Review; From mining to derivatives via the Big Apple - James Beattie profile, and much more.