Regulation

Banks that are having difficulty selling off illiquid assets to comply with the Volcker Rule can apply for an extension.

Equidate was charged for failing to register security-based swaps in a case that has implications for direct secondaries.

Andrew Ceresney, who has led the US regulator's largest division for nearly four years, is at least the seventh senior person to depart since the presidential election.

The US vice-president says the act's role in maintaining financial stability is underappreciated and a rollback could trigger a recession.

Legislation redefining ‘systemically important financial institutions’ gets the approval of the House of Representatives.

A shake-up at the top of the Securities and Exchange Commission and anti-red tape sentiment in the Republican-led Congress, increase the odds of a US financial regulation climbdown.

Fund managers and auditors expect EU regulators to follow US lead and begin overseeing fund valuation processes.

European financial rules are unlikely to change in the immediate future, as the regulator waits for the dust to settle on measures introduced over the past five years.

SEC chairwoman Mary Jo White’s legacy, built over almost four years as head of the commission, includes a catalog of far-reaching regulations that impact private fund managers.

A global set of financial standards and a transitional system to facilitate adaptation to post-Brexit rules were among the suggestions put forward by Financial Conduct Authority heavyweights.