Regulation
Ex-Citi Ramchandani returns to market, joins LCG
Ramchandani's hire follows a period out of the market after he became embroiled in the slew of accusations surrounding the global regulatory probe into currency trading
Carney: shortfall in reserves likely for independent Scotland
Division of UK reserves on GDP basis will leave Scots with 10% buffer – less than half of what is generally considered sufficient ‘to ensure credit flows freely and effectively', says BoE governor
Banks struggle to solve FX conduct issues – Wheatley
FCA admits banks are finding it hard to stop bad practices, while UK ministers raise concerns over bank fines
EUR/USD may hit parity as dollar shows signs of life
Having survived the best part of the year without a particular trend to follow, investment firms are seeing light at the end of the tunnel
CFTC's FXPB reporting rules add to regulatory confusion
CFTC reporting rules, introduced 18 months ago, force FX prime brokers to take evasive action while awaiting clarity
Esma must use FX derivative definition delay wisely – WMBA
Fears that delay risks entrenching confusion over trade-reporting rules
Smooth take-off for collateral reporting
Buy side goes it alone on collateral and valuation reporting
End of Bretton Woods has helped dollar reserves - ECB
Collapse of Bretton Woods System caused significant upheaval of currency reserve trends, says ECB report
RBI's Rajan says the euro is too strong - Central Banking
Rajan says the eurozone is suffering from the same problems as EM countries due to spillover effects
No Sef clarity required for chatroom trading
SuperDerivatives' claim that more clarity is needed by the CFTC on footnote 88 is dismissed by one US-based platform
Time for clock synchronisation - regulators
Global regulators assess the need for a central reference clock to help investigations into alleged abuse of financial markets
FX reserves hit historic highs
Growth in FX reserves continued last year, but at reduced speed
Reconciliation requirements threaten delegated reporting
Another regulatory deadline, another set of headaches for banks and buy-side participants
UK SFO confirms FX investigation launch
SFO becomes the latest authority to join the probe into alleged collusion in FX markets
Need for surveillance accelerates amid scandals
Scandals in various asset classes highlighted the need for greater surveillance on trading systems, says David Hesketh, chief operating officer of the Financial Skills Division of Markit
Regulators lack common sense, panel tells conference
Market participants shouldn't expect regulatory drive to be over in the next 12 months
FX benchmarks manipulated 10-30% of times, MPs told
Scope of manipulation also similar in other asset classes such as gold markets
MAS to offer overnight renminbi liquidity
Monetary Authority of Singapore says it will launch an overnight liquidity facility for the Chinese currency in July – latest step in growth of offshore market
UK Treasury targets benchmarks, launches market review
Treasury also launches joint review of wholesale markets with BOE and FCA
Osborne speech will not trigger structural changes, say market particiants
UK chancellor George Osborne is set to announce new measures on currency trading tomorrow
Norges Bank poised to complete shift from FX buyer to seller before year's end
Norwegian central bank sends strong signal it will make no foreign exchange purchases this year; analysts predict it to make ‘symbolic shift' to net-seller in Q4
European MTFs fume over CFTC ‘incompetence’
US regulator made ‘dog’s dinner’ of Sef equivalency negotiations
Latam reserve managers experiment with renminbi
Renminbi viewed as an attractive reserve asset in Latin America due to growing business links with China; renminbi statistics may not be showing up in IMF data