Latest Regulation Articles
For treasurers looking to manage their cash, keeping on top of risk and compliance is important. The landscape of threats and regulation is always changing. Banks such as Nordea are tasked with helping them navigate these changes so they can manage their impact on the business.
Against a volatile global economic and political backdrop, there is nothing more important than the ability to manage risk. This article outlines the specific risks faced by specialist financiers and their corporate clients, offering insights into how best to manage them.
Shortening the securities settlement cycle became a major aim in the financial market space after the financial crisis. Central Security Depository Regulation (CSDR) mandates European countries to operate on a trade date plus two days (T+2) settlement cycle before 2014 year-end. In the US, the Depository Trust and Clearing Corporation (DTCC) has already commenced research studies and initiatives to define a path for moving to T+2 from T+3.
Multinational corporations, pleasantly surprised by US regulators unexpectedly exempting them last month from uncleared swap margin requirements, now anxiously await the outcome of the European proposal. It would require European financial institutions to impose margins on all corporate counterparties outside Europe and could result in a fragmented and more costly swap market.