NEW YORK– Increased transparency in the credit default swap (CDS) market may affect large and small trades differently, according to a new study that suggests it may be necessary to consider different transparency requirements for large trades. The study concludes that the move by regulators to get standardised CDS contracts centrally cleared, will increase the level of transparency as will reporting of trades to data repositories.

The problems of regulating pay and rewards in the financial sector are on display in Europe and the US

Rule-makers seem just as far apart in the decade-long saga about valuing policies. US wants to retain two-model approach

Bermuda, Japan and Switzerland are the only countries in the running for equivalence recognition in time for Solvency II

LONDON, December 9 (Global Risk Regulator) – Long-awaited reforms of so-called hedge accounting proposed today expose another difference between international and US standard-setters that threatens the effort to create a single set of global accounting rules, according to a leading accounting professional.

LONDON, December 2 (Global Risk Regulator) – Global banking regulators have agreed the text of the Basel III rules as debate continues over whether the tougher bank capital and liquidity regime will push up bank costs.

Agreement is finally reached over alternative investment fund regulation. New European supervisory agency is big beneficiary By Melvyn Westlake

Proposals for managing future bank crises are unveiled. But questions remain over resolution funding and company law

BASEL – Proposals requiring systemically important banks to hold additional capital will be completed by the end of 2011, according to the Financial Stability Board (FSB), the body overseeing implementation of regulatory reforms decided by leaders of the Group of 20 largest economies. The timetable for addressing the vexed question of banks that are “too-big-to-fail” is set out in a report* prepared by the Basel-based FSB for the Seoul G20 summit on November 11 and 12.

BRUSSELS – The European Commission is launching a public consultation on the introduction of a countercyclical capital buffer for banks in the EU, aimed at trying to limit the impact of booms and busts in the credit cycle. A countercyclical buffer would be a capital add-on to banks’ other capital requirements during good times, but could be drawn down when economic conditions get tough, allowing them to continue lending.