Carlos Montalvo News
-
The European Union’s 12-year push to introduce a common set of rules for the region’s insurance industry is close to being sidelined as some of the biggest member states prepare to introduce the regulations piecemeal.
-
U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG, Royal Bank of Scotland Group Plc and Barclays Plc within a month for questioning over their role in the Libor scandal, a person with knowledge of the probe said.
-
Moody’s Investors Service said a “likely further delay” of a new risk-based regulatory regime for European insurers such as Allianz SE and Axa SA will have “broadly negative” implications.
-
European insurers’ results in a test of new regulations may be published earlier than scheduled, the head of the supervisory body advising the European Commission on the rules said.
-
Denmark is trying to persuade the rest of Europe to match rules exposing bondholders to losses after the failure of a regional bank last month left lenders in the Nordic country risking higher funding costs.
-
The newly established authority supervising European insurers said it’s seeking to increase staff within the next three years.
-
Lawmakers in the European Parliament’s economic and monetary affairs committee voted to approve three executive directors for newly formed financial supervisory agencies.
-
High-frequency traders face European Union limits on the number of orders they can place, as well as requirements to tell regulators how their computer algorithms work.
-
European banks are being forced to sell more long-term bonds as regulators seek to prevent another financial crisis. European insurers say their own regulator will stop them from buying such debt.
-
Insurance rules for companies including Allianz SE and Axa SA may be postponed by two months to allow more time to ensure they won’t hurt policyholders, the European Union’s top financial regulator said.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page