I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two years ago, soon to be followed by Turquoise, BATS, NASDAQ…
I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two years ago, soon to be followed by Turquoise, BATS, NASDAQ…
I said my favorite presentation was Mark Howarth’s yesterday because my favorite subject is the new alternative exchanges – the Multilateral Trading Facilities (MTFs) – that have emerged in Europe as a result of the Markets in Financial Instruments (MiFID) implementation. Chi-x began trading two years ago, soon to be followed by Turquoise, BATS, NASDAQ…
David Bagley, Global Head of Compliance for HSBC, addressed the Financial Services Club last week around the implications of the G20 Summit in London, the announcements of the Financial Stability Board and other global supervisory changes, and what they all mean for a bank’s compliance team. In a candid discussion, David made it clear that…
I hosted a fascinating dinner last night which built upon the comments made yesterday about regulators being unable to regulate. The theme was around how to make the G20 supervisory framework work with regulators, compliance heads, bank directors and a CIO in attendnace. All in all a nice crowd, and a convivial conversation. However, I…
I blogged a while ago about David Doyle, expert on all things in finance with a Brussels flavour. David and I regularly tag-team on MiFID and the PSD, and in the wider context of Europe's Financial Services Action Plan. In particular, he has an inside track on all this stuff and presented the latest updates…
The Financial Stability Forum published their principles on reservering, crisis management and banker's compensation yesterday. Here are the headlines: Recommendations and principles to strengthen financial systems On 2 April 2009, the Financial Stability Forum (FSF) issued reports covering: Recommendations for Addressing Procyclicality in the Financial System; Principles for Cross-border Cooperation on Crisis Management; and Principles…
The Financial Stability Forum published their principles on reservering, crisis management and banker's compensation yesterday. Here are the headlines: Recommendations and principles to strengthen financial systems On 2 April 2009, the Financial Stability Forum (FSF) issued reports covering: Recommendations for Addressing Procyclicality in the Financial System; Principles for Cross-border Cooperation on Crisis Management; and Principles…
I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…
