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Regulatory Harmonization

July 13th, 2011 Regulatory Reform – Delays, Disagreements & Predictions for What’s Next in 2011

Regulatory reform still faces delays and disagreements between the US and UK, which could have dire consequences on the derivatives industry if harmonisation is not achieved and all potential implications are not given appropriate attention. Roger Barton of Financial Reform Consultancy offers his personal predictions and questions to be answered regarding EMIR, MiFID II, systemic risk and global regulatory harmonisation.

May 7th, 2012 Joint Statement on Regulation of OTC Derivatives Markets

The Ontario Securities Commission today released the following joint statement with other regulators:

Leaders and senior representatives from key authorities with responsibility for the regulation of the over-the-counter (OTC) derivatives markets in their respective jurisdictions met on May 1, 2012 in Toronto. The meeting was hosted by the Ontario Securities Commission and its Chair, Mr. Howard I. Wetston, Q.C.

November 16th, 2010 SEC and UK FSA Hold Meeting of SEC-FSA Strategic Dialogue

Securities and Exchange Commission chairman Mary L. Schapiro today met separately in London with chairman Adair Turner of the UK Financial Services Authority (FSA) and the Chief Executive of the UK Financial Reporting Council (FRC) Stephen Haddrill to discuss a number of issues of common concern.

August 20th, 2009 SEC, CFTC to Hold Joint Meetings on Regulation Harmonization

The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today announced that the two regulatory agencies will hold joint meetings to seek input from the public on harmonization of market regulation. President Barack Obama in June called on the two regulators to recommend changes to statutes and regulations that would eliminate differences with respect to similar types of financial instruments.

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