• Man lost in woods surrounded by fog

    MMFs regulations: is it too late to influence the outcome?

    On 4th September, the European Commission (EC) released its long-awaited proposals for increasing money market fund (MMF) regulation. Just two weeks later, the Securities and Exchange Commission (SEC) closed its consultation with industry players. On both sides of the Atlantic, it appears that the writing is on the wall for constant net asset value (CNAV) funds.

  • Autumn tress with orange leaves

    Taking different roads

    In the wake of the 2008 financial crisis, global regulators agreed to adopt a co-ordinated response to protecting the financial system against future shocks. But policymakers on both sides of the Atlantic are now pursuing increasingly disparate approaches.

  • Money and a globe in a box to symbolise the world bank

    Taxing times in Asia

    Profit shifting and transfer pricing have been hot tax topics in Asia for many years. However, recent developments in tax policy in Australia, India and China in particular, have highlighted the challenges facing corporate treasurers in the region.

  • American football

    Crunch time

    2013 is being viewed as a crunch time for all number crunchers – from auditors to accountants and treasurers. Developments in the regulations governing the preparation of accounts will have far reaching consequences for all. Yet there are a number of outstanding questions that still need some answers before the dust settles.

  • Photo of a road in Russian mountains

    An uncertain future for money market funds

    The road to money market fund (MMF) reform has been politically laborious. But the fund industry has suffered from a number of other challenges that leave providers struggling to find investible assets and maintain yields. What can market participants expect in 2013?

  • Eye glasses helping to see a field of sunflowers clearer

    Basel III and Dodd-Frank: corporate clarity?

    While aware of the forthcoming banking regulations, treasurers haven’t always been able to place the measures very high on their priority list. But like it or not, the banks aren’t the only ones that need to prepare – this article attempts to outline the very real consequences for corporates.

  • Dandelion on a blue sky background

    Uniform global regulation: merely a pipe dream?

    When financial regulators agreed to force the world’s banks to hold better quality capital, and more of it, bankers and politicians alike marked the decision as a major positive turning point for the market (at least in public anyway). However, after 18 months of negotiation, the harmonisation ideal is yet to be realised as many countries are proposing contradictory and competing measures – not only where the implementation of Basel III is concerned.

  • Insurers find fault with Solvency II

    For the European insurance industry, Solvency II establishes a revised set of EU-wide capital requirements and risk management standards aiming to reduce or eliminate consumer loss or market disruption in insurance.

  • Money market funds: regulatory update

    This article explores the regulatory changes which have taken place in the money market funds (MMF) industry as a result of the global financial crisis. While primarily focused on Europe, the article also looks at regulatory changes in the US and highlights key similarities/differences.

  • Eagle clenching fist

    Getting to grips with Basel III

    In this article we look at the background to Basel III and provide an overview of what the regulation covers. We discuss the implications of Basel III for the banking industry and for corporate treasurers, and go on to examine some of the more controversial aspects of the regulation.