Regulation
Ex-Barclays trader pleads guilty in price-fixing conspiracy
Jason Katz, a former EMFX trader at Barclays and BNP Paribas, pleads guilty in New York
Broadway sees demand for software pick up
Regulation and the need for a business edge have sell-side firms looking increasingly to software to meet their needs
Financial Conduct Authority to test SMR implications in 2017
UK regulator will look to test harder cases rather than go for clear breaches of the regime
Best execution requirements will drive market structure change
Understanding what best execution means will play a key role
Taylor: the Global Code is a great place to start
Brigid Taylor, managing director of the ACI Financial Markets Association, looks at the regulatory challenges ahead in 2017
Australian regulator finds NAB and CBA culpable of inappropriate conduct in spot FX
Both banks will develop a programme to detect and prevent such conduct by its employees
EC signals staggered entry for Mifid II trading obligation
Rules for derivatives may take effect after January 2018 to allow for US equivalence deal
Regulators and the marketplace must keep talking
With new rules – from the BIS Global Code to Mifid II – set to go live, market participants' associations are urging calm
Spot FX cannot accept lower standards of behaviour
Although spot FX trades are not under its purview, the FCA has warned market participants to sharpen up their act
FX participants rev up for Israeli reporting obligation
New requirement for the shekel comes into force in January
Widespread attestations being considered for code adherence
A revised draft of the new GCC for foreign exchange market will be released for comment in December
Industry applauds 12-month Priips delay
Firms say Mifid alignment will minimise legal risks of key information documents
European bail-in buffers may stretch market-making capacity
New Basel capital exemptions could be too small if all EU banks have to issue bail-in bonds
Andrew Bailey looks to reboot FCA's ‘mission’
New chief executive seeks to clarify approach after stumbles in past years, admitting global understanding of conduct regulation is still at an early stage
Brexit and Mifid II cause anxiety for exchange operators
"The outcomes are going to be interesting," says CME Group chief executive Phupinder Gill
Giancarlo urges regulators to examine risk from capital rules
CFTC commissioner says regulators cannot avoid the issue of whether capital removed from markets harms the global system
Scotiabank joins board of GFMA global FX division
GFXD also appoints JP Morgan's Claudia Jury and Nomura's Nigel Khakoo as chair and vice-chair
Lack of regulatory clarity on key issues hampers preparation
Despite booming business, technology vendors find clients struggle to say what they need to comply with coming rules
Australian authorities ban Deutsche FX trader for life
Andrew Donaldson tried to hide losses with false entries and inflated the bank's revenues by 28 million euros
Salmon warns on adherence as strategic decisions loom
In an exclusive interview with FX Week, the BoE's Salmon floats regulation as a possible vision for 2020; for now last look stays
BoE’s Salmon warns FX industry on adherence
Chris Salmon, the Bank of England's executive director for markets and lead on global code adherence, says regulation could be on the horizon as soon as 2020 if market participants don't adhere to the new Global Code
Fears rise that Asia will miss March 2017 margin deadline
India, Australia, Singapore and Hong Kong have yet to publish non-cleared margin rules
New York readies cyber rules for banks
A final version of the proposed regulation could be issued after a 45-day public comment period
Colt lifts Mifid II solutions to the cloud
"We aim to bring together an ecosystem of specialised solutions," says Ralph Achkar