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Welcome to the complimentary Headlines of Graham Bishop's weekly selection of key news and views on European financial services regulations.  For 2012, we have reduced our free services and would be very pleased if our friends who receive our complimentary services would consider any possible avenues for commercial opportunities.  (Please note that this email does not include any summaries or links or give access to our website.) 

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Articles from 12 May 2012 - 19 May 2012

Banking

Danish Presidency: New Capital Requirements Directive strengthens rules for banks
 
ECOFIN: Consensus on tougher and tighter regulation of banks in the EU
 
ECON Committee: Bank capital rules - Reform to boost risk resilience and lending to the real economy
 
European Council: Bank capital rules - General approach agreed ahead of talks with Parliament
 
Statement by Commissioner Barnier following the ECOFIN Council: CRD IV
 
Comments by Sharon Bowles on the EP vote on Capital Requirements Regulation
 
Danish Presidency strives for agreement on new EU rules on capital requirements for banks in the EU
 
S&D: New rules for banking sector go in the right direction, say Euro MPs
 
EPP/Karas: Basel III/CRD IV - Stabilising banks and financing growth
 
Risk.net: Cyprus Presidency fears add urgency to CRD IV talks
 
EBA: Joint Consultation Paper / Response to the EC’s Call for Advice on the Fundamental Review of the FICOD
 
EIB and Banco Popular sign SME financing agreement
 
State aid: Commission temporarily approves aid for the resolution of Greek T Bank
 

Securities

EBA, EIOPA and ESMA consult on Commission’s Review of the Financial Conglomerates Directive
 
Consob: Regulatory simplification - amendments to markets and issuers' regulations
 
IMF Working Paper: Appraising credit ratings - does the CAP fit better than the ROC?
 
IOSCO: Ten years of enhancing cross-border enforcement cooperation
 
IOSCO prepares for the regulatory and financial challenges ahead
 
Bloomberg: Dodd-Frank swaps legislation delayed
 

Insurance

FT: Insurer urges end to regulation moans
 
FN: Regulatory crackdown hurts company securitisation
 
INN: Europe’s Solvency II set to impact American insurers with offices abroad
 

Asset Management

Hedgeweek: Revised regulation targets asset management quality
 
Hedgeweek: The keys to successful hedge fund investing
 
FN: Pensions industry fears being softened up for Solvency II
 
IPE: Restructurings could have major impact on pension funds
 
IPE: Dutch pension funds' recovery plans could fall short of recovery
 

Corporate Governance/Accounting

FEE commented on the PCAOB proposed auditing standard on related parties
 
FEE commented to the European Commission on the Future of European Company Law
 

Commentaries

Wolfgang Münchau: Default now or default later?
 
Michael Burda: Hume on hold? Consequences of not abolishing eurozone national central banks
 
Charles Wyplosz: The impossible hope of an end to austerity
 
Peter Bofinger: Higher inflation [in Germany] 'would not be a disaster'
 
FT Analysis: Eurozone - If Greece goes ...
 

Think Tanks

ALDE/Verhofstadt: Only a structural solution to reduce eurozone debt will end the crisis of confidence
 
Two-pack: ALDE welcomes inclusion of European Redemption Fund to solve the euro crisis
 
Bruegel/Pisani-Ferry: G20 - Decreasing returns
 
Bruegel/Schuseil: Is Germany bluffing on Greece?
 
Bruegel/Vallée: The Irish shadow in the Spanish dead end
 
Bruegel/Vallée: The path to eurobonds
 
CEPS: "The Sovereign Debt Crisis: Placing a curb on growth"
 
CEPS: The euro crisis - Implications for the internal market and harmonisation of corporate taxes
 
CER/Grant: How Hollande should handle Merkel
 
EPP Group Bureau in Ireland: 'We need a strong Irish voice committed to Europe'
 
EPP: 2 Pack - Socialist MEPs hijack major text for political purposes
 
Peterson Institute/Subramanian: Greece's exit may become the euro's envy
 
Socialists and Democrats win a first victory against austerity
 
S&D/Swoboda: "Merkel-Hollande meeting must launch new direction for Europe"
 

Graham Bishop’s Articles and Speeches

Graham Bishop's Blog: May 15 ECOFIN and the banking regulation crisis with the UK
 

Financial Services Policy

ECON Committee: Fiscal policy - MEPs adopt position amid division on best route to take
 
FN: Carmignac reduces euro exposure to zero [RDR]
 
IFA Online: Watch your back, Europe's regulators are set to strike [RDR]
 


 

  Future Events
 

GrahamBishop.com is pleased to support some not-for-profit conferences, and to highlight forthcoming public hearings on key financial services issues.

  Conferences
 
 
22 May 2012: EDHEC-Risk: “Shooting the Messenger”: A discussion of the CDS market and Greece’s default, London. (Further information)
22 May 2012: Global Financial Reform: How far from a transatlantic Consensus are we?, Brussels. (Further information)
23-25 May 2012: ICMA Annual General Meeting and Conference 2012, Milan. (Further information)
24-25 May 2012: BCBS/CEPR/JFI: Banks – how big is big enough?, Basel. (Further information)
29 May 2012: The new euro area model collective action clause for sovereign debt - an ICMA and Clifford Chance panel discussion, London. (Further information)
1 June 2012: Insurance Europe 4th International Insurance Conference "Global market, global risks”, Amsterdam. (Further information)
5 June 2012: CFS: Greece - Getting Here and Moving Forward, Frankfurt. (Further information)
5 June 2012: CEPS: How can regulation improve EU competitiveness?, Brussels. (Further information)
6 June 2012: ECMI debate: Independence in Financial Services, Brussels. (Further information)
6 June 2012: Bruegel: Clearing houses and derivatives market structures, Brussels. (Further information)
6-8 June 2012: AMICE 3rd biennial Congress, "Solidarity and mutuality: stable values in an unstable world", Gdansk. (Further information)
7 June 2012: CEPS: Investor Protection - Which Way Now?, Paris. (Further information)
7 June 2012: Bruegel: China invests in Europe: patterns, impacts and policy issues, Brussels. (Further information)
11 June 2012: Developments in the Covered Bond Market - an ICMA and NCMF Roundtable, Oslo. (Further information)
12 June 2012: ABI: The Future of Long-term Savings and Retirement Income Auto-Enrolment and Beyond 2012, London. (Further information)
12-13 June 2012: EDHEC-Risk: Analysing Sovereign Risk for Portfolio Management Decisions, London. (Further information)
12-14 June 2012: AFME/ESF and IMN Global ABS 2012, Brussels. (Further information)
18 June 2012: SUERF/OeNB: The Interaction of Political, Fiscal and Financial Stability: Lessons from the Crisis, Vienna. (Further information)
26 June 2012: EC/EP Conference on Electronic Procurement – Challenges and Opportunities, Brussels. (Further information)
29 June 2012: MiFID II, MiFIR and CSD - the market perspective on regulatory developments - an ICMA conference, Paris. (Further information)
3-4 July 2012: Paris EUROPLACE International Financial Forum, Paris. (Further information)
10 July 2012: MiFID II, MiFIR and CSD - the market perspective on regulatory developments - an ICMA and SIX Swiss Exchange conference, Zurich. (Further information)
2 October 2012: AFME 7th Annual European High Yield Conference, London. (Further information)
4 October 2012: European Banking Centre 4th Conference on Financial Stability: Banks and the Public Finances, Tilburg. (Further information)
11 October 2012: Friends of Europe: The State of Europe: Escaping the doldrums, Brussels. (Further information)
11-12 October 2012: Leaseurope: Annual Convention of the European leasing and automotive rental industry, Cannes. (Further information)
18 October 2012: ECMI Annual Conference, Brussels. (Further information)
22-23 October 2012: FERMA Risk Management Seminar 2012, Versailles. (Further information)
26 October 2012: ELEC Monetary Conference, Bucharest. (Further information)
8-9 November 2012: AFME 7th Annual European Government Bonds Conference, Brussels. (Further information)
15 November 2012: CFS: Cross-border finance and national regulation - lessons from the financial crisis, Frankfurt. (Further information)
7 December 2012: ELEC Central Council, Brussels. (Further information)
26-27 March 2013: EDHEC-Risk Days Europe 2013, London. (Further information)
 
  Hearings
 

30 May 2012: Future Role of the European Court of Auditors: Challenges ahead and possible reform, Brussels. (Further information)

14 June 2012: Public Hearing / Consultation Paper on Draft Regulatory Technical Standards on Own Funds (EBA). (Further information)


  About this Email

The content of these Headlines is supplied by GrahamBishop.com and is designed to be a one-minute read, but its breadth runs far beyond "Brussels" as we include any events in the Member States and other G20 countries (e.g. United States, Japan) that are likely to influence legislative action at the EU level.

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