Exact(1)
Though the three markets will be separate and subject to their own sovereign regulators, the new markets in London and Tokyo would be modeled after Nasdaq, which is a fully electronic market where order flow is facilitated by market makers.
Similar(59)
As the solvency of European banks has been a constant concern since the European sovereign debt crisis, regulators moving to daily averaging of regulatory capital measures should be a no-brainer to deter window dressing and ensure that European banks are adhering to capital standards throughout the entire year.
As a result of the continuing sovereign debt crisis, European regulators have been pushing the region's banks to increase capital reserves to strengthen them against future losses.
The states are legal sovereigns, and federal securities regulators have much more power to police corporate wrongdoing than potential violations by the states and municipalities.
As the sovereign debt crisis drags on, regulators are pressing banks to increase their capital cushion, part of a broader effort to restore faith in the financial markets.
It was born of Greek leaders who misled the European Union with false economic statistics to gain entry to the euro; of European policy makers who turned a blind eye to Greece's deceptions; of banking regulators who deemed sovereign debt virtually risk-free; and of banks and other investors who, hungering for profits, joined in the groupthink that the euro zone would never let a member default.
As the sovereign debt crisis dragged on this fall, regulators noticed the risky bets and pushed the firm to hold more capital against the investments.
The exposure of European banks to sovereign debt is a point that regulators have long underscored, most recently and acutely in an illuminating report issued this month by the Bank for International Settlements.
The sovereign debt crisis makes it harder for regulators and political leaders to impose stress on institutions with new requirements.
STEP 4: SAY NO TO BANKS PROPPING UP THEIR GOVERNMENTS Regulators have unwittingly cemented the sovereign-bank link by encouraging lenders to hold larger reserves of liquid assets, mainly in the form of sovereign bonds.
Meanwhile the trust, both the sovereign body of the BBC and its key regulator and accountability mechanism, left Entwistle isolated and the organisation adrift in its time of need.
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