CANNES, France -The annual presidencies of the Group of Twenty (G20) biggest economies will be chosen from rotating regional groups after 2015, starting with the Asian grouping comprising China, Indonesia, Japan and Korea, the G20 leaders agreed at their November summit in Cannes, France*.

BASEL, Switzerland – The international community must send a clear and consistent message about the right pace for the adoption of the Basel II and Basel III bank capital adequacy rules by emerging market economies, according to a report by global regulators.

BRUSSELS – New proposals to tackle insider dealing and market manipulation were issued by the European Commission in mid-October. Aimed at strengthening the fight against market abuse across commodity and related derivative markets and reinforcing the investigative and sanctioning powers of regulators, as well as reducing administrative burdens on small and medium-sized issuers, the proposals will take the form of both a regulation and a directive.

BASEL – Plans for the effective monitoring of the $60 trillion global “shadow banking” sector were outlined by the Basel-based Financial Stability Board (FSB) in late October, in a further move to strengthen oversight and regulation of the sector. The FSB, which leads and coordinates the international regulatory reform effort, was instructed by leaders of the Group of 20 most powerful economies at their Seoul summit a year ago to work out the best way of bringing shadow banking within the regulatory net.

EU and US moves to restrict the number of contracts a trader can hold face months, maybe years of fierce argument

Lack of progress earns red-card status from regulators. World's two leading standard setters urged to redouble their efforts

The Federal Insurance Office brings influence to bear on insurer systemic risk issue; plans active international role

BASEL, Switzerland, November (Global Risk Regulator) – Insurers that significantly deviate from their traditional, core insurance business into other areas of financial activity will certainly increase the chances that their being regarded as “systemically relevant” and attract the additional regulation that could entail, a top global insurance regulator said today.

CANNES, France, November 4 (Global Risk Regulator) – Global banking regulators listed 29 banks today deemed to be so important to the global financial system that they are likely to need to hold more capital than rivals and must put in place a plan to allow them to be wound up without taxpayer help if they hit trouble.

LONDON, October 31 (Global Risk Regulator) – Failure to reach agreement on tougher financial regulation at this week’s world leaders’ summit should not stop Europe acting alone, according to Germany’s finance minister.