Governance, Regulation, & Compliance

• House Passes Cross-Border Swaps Bill

  By Dave Michaels, Bloomberg  |  June 17, 2013

  Bill limiting CFTC authority on cross-borders swaps may pressure the agency to delay final action on application of derivatives rules to foreign entities.

• Message from Congress on Cross-Border Swaps

  By Dave Michaels, Bloomberg  |  June 12, 2013

  Bill to limit the CFTC's cross-border authority faces U.S. House vote, but the Senate isn't expected to consider it.

• Activists Pursue Corporate Tax Dodgers in U.K.

  By Jesse Drucker, Bloomberg  |  June 11, 2013

  UK Uncut helps galvanize public opposition to tax avoidance.

• Demand for Swaps Collateral Could Bolster Bonds

  By Matthew Leising and Liz Capo McCormick, Bloomberg  |  June 11, 2013

  New collateral rules could slow rise in Treasury yields.

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  Proposed Regs Could Trigger Exodus From Prime Funds

  By Susan Kelly  |  June 11, 2013

  SEC requirement for floating NAV might send corporate cash to government money funds, bank accounts.

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  Building a Better Shared Service Center

  By Susan Kelly  |  June 10, 2013

  Many company executives are dissatisfied with the performance of shared service centers, a survey shows.

• SEC Warns Against Fraudulent Trading of Binary Options

  By Treasury & Risk Staff  |  June 6, 2013

  SEC charges Cyprus-based company with illegally selling binary options and jointly issues investor alert with CFTC.

• Relief to Come in Portfolio Margin Rules

  By Silla Brush and Dave Michaels, Bloomberg  |  June 4, 2013

  SEC reportedly has decided to reduce collateral requirements for traders who hold credit-default swaps in portfolio accounts.

• Disclosure in the Cloud

  By Treasury & Risk Staff  |  May 29, 2013

  New version of Cognos tool makes audit-trail reporting of financial performance information available in the cloud.

• Switzerland Proposes Deal for Banks to Resolve U.S. Dispute

  By Catherine Bosley, Elena Logutenkova and Giles Broom, Bloomberg  |  May 29, 2013

  Bill headed to Swiss parliament would allow Swiss banks to share information on business relationships with the IRS.