“Almost all” Pakistani banks hacked
Pakistani Federal Investigation Agency reveals security breach.
FIA
ISDA rallies support for derivatives data reporting rethink
Eleven financial associations have published their support for a new set of derivatives reporting standards developed by ISDA, which is calling for greater cross-border harmonisation of data standards – even if that means some national laws will have to be amended.
MiFID II faces national challenges
Proposals in Germany that would affect the country’s capital market structure could create problems of regulatory arbitrage when the European Commission’s MiFID II arrives in 2015-16, according to Mark Spanbroek, general secretary at the FIA European Principal Traders Association.
FIA hires derivatives regulation expert
The Futures Industry Association has appointed Allison Lurton as senior vice president and deputy general counsel, starting from 14 January.
