Brussels intends to bring forward measures to tackle speculative trading, notably in relation to credit default swaps on sovereign debt, the European Union top financial services regulator said
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FT on 17th Mar 2010 (via traxfer.ft.com)
EU probe into the sovereign credit default swap market finds 'no conclusive evidence' that trading activity drove up funding costs for European Union member states
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FT on 6th Dec 2010 (via ft.com)
Sources close to the EU's policymaking process reveal that current thinking on regulating Credit Default Swap (CDS) trading is limited to sovereign not corporate debt. Regulation, the sources said, would be restricted to "insurable interest," essentially meaning that only those who own the underlying bond can take out insurance on it. The EU, "driven by France and to a lesser ex...
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EurActiv on 2nd Mar 2010 (via euractiv.com)
Traders who sell complex financial products, like credit defaults swaps, will face increased transparency standards if European regulators investigating high-frequency trading get their own way.
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EurActiv on 30th Jul 2010 (via euractiv.com)
Germany and France have called on the European Union to consider banning speculative trading in credit default swaps and set up a compulsory register of derivatives trading
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FT on 10th Mar 2010 (via traxfer.ft.com)
The Office of Fair Trading has told 11 financial management businesses with 'look alike' websites posing as official or charity advice sites to close them down immediately, and is warning consumers to take care when searching for debt advice online.
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PublicTechnology on 9th Mar 2009 (via publictechnology.net)
Global stock markets plunged in the first trading day following Standard & Poor's downgrade of the US credit rating
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FT on 8th Aug 2011 (via ft.com)
Brussels plans to curb unsupervised trading, as it seeks to mitigate the risk attached to the market with proposals that include more centralised clearing of contracts
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FT on 18th Oct 2008 (via ft.com)
Michel Barnier, the European commissioner in charge of financial market regulation, said he would propose controls to curb speculative trading in credit default swaps, (CDS) a form of debt insurance that has been blamed for worsening Greece’s economic problems. His measures will target so-called naked
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TimWorstall on 18th Mar 2010 (via timworstall.com)