Regulation
Best Bank for Renminbi: Bank of China
Bank of China wins inaugural renminbi award
Best Banks Awards: 360T tops two categories
Recently acquired by Deutsche Börse, the Frankfurt-based platform sees the acquisition as an important milestone in the drive to diversify its customer base
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Best FX Clearing House: CME Group
Exchange and clearing house expects more clearing and growth in renminbi products
Best Bank for Australian Dollar: ANZ
The Australian bank has taken advantage of global players reducing their business in ANZ's core markets to strengthen its own presence there
Best Bank for Swiss Franc: UBS
Throughout 2015's difficult market conditions, UBS remained committed to providing clients with liquidity
Best Broker for Currency Options: Tullett Prebon
While regulatory concerns were its major preoccupation this year, Tullett Prebon remains bullish on FX options
Best Bank for Scandinavian Currencies: SEB
SEB scoops the prize for trading Scandinavian foreign exchange
Farewell to self-regulation, goodbye self-policing
With a global code of conduct for FX due in May 2017, participants are only too keen to see the back of an unregulated market
Former Citi trader wins unfair dismissal case
Perry Stimpson, dismissed in 2014 for serious breach of contract, has won his case against Citi
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
NY bank regulators outline cyber-security plans
High-profile hacking at financial institutions and tough action from lawmakers have provided a boost to a new cyber-security proposal that aims to bolster banks' defences against internet gangsters
CFTC's Massad commits to aggressive enforcement
Over the past two fiscal years, more than $4.6 billion in penalties have been imposed in 15 actions against banks and brokers to address benchmark misconduct
Abide Financial applies to become trade repository
The transaction-reporting firm may become the third-largest repository by volume; it also launches an accelerated Mifid II/Mifir compliance programme from January 2017
Sell side's appetite for intelligence tools increases
As compliance inches to the fore, more large banks are reaching out to providers of cognitive learning tools
FSB finds fault with derivatives trade reporting
Despite large volumes of trades being reported, some authorities have restricted access to data, which is often low quality; some jurisdictions are experimenting with new analysis
JP Morgan and UBS compress FX books via start-up
NYC-based LMRKTS first broke cover two years ago; the third bank participant is unknown
Puth: FX must repair its reputation
The BIS global code of conduct needs to be strong enough to close the gaps, but members need to find a consensus
CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed into liquidity risk, says the commissioner
Market abuse law could be extended to cover FX in South Africa
Its review of FX practices finds no evidence of manipulation though
FCA introduces new whistleblowing rules as clean-up continues
Regulators, looking for additional ways to clean up the scandal-prone financial industry, are forcing banks to make it easier for employees to report wrongdoing in all parts of the business
Former RBS trader claims dismissal was premeditated
Ian Drysdale, fired in 2014 for gross misconduct, told an employment tribunal that the bank had "dishonestly contrived" his dismissal
Customers consider suing banks in FX manipulation
Customers who took large positions are beginning to wonder if they lost out during the rigging and are exploring the potential for redress. The legal woes for financial institutions are far from over
Icap becomes a strategic investor in Abide Financial
The partnership will help the post-trade services provider to scale the business at a faster rate