Financial Regulation >>>
Royal Caribbean Cruises plans to repay about $526 million of ship-related debt due this year, according to CFO Jason Liberty. Click HERE for more.
Reporting requirements for over-the-counter derivatives trades go into effect on Feb. 12 under the European Market Infrastructure Regulation. As companies prepare, they also look ahead to mandatory clearing and the reporting of valuation and collateral, which are set to begin in the third quarter.
United Continental Holdings plans to fund the delivery of 36 aircraft from Boeing this year with a combination of enhanced equipment trust certificates and borrowings from banks, said Treasurer Gerald Laderman. Click HERE for more.
The largest banks in the European Union would face a “narrowly” defined ban on proprietary trading from 2018 under draft plans by Michel Barnier, the EU’s financial services chief. To continue reading, click here.
Lenders are poised to win concessions from central bank chiefs and global regulators over a debt limit they criticized as a blunt instrument that would penalize low-risk activities and curtail lending. To continue reading, click here.
Bloomberg Brief: Financial Regulation takes a look at global year-end actions regarding Basel III’s capital, liquidity and leverage standards. To continue reading, click here.
Global regulators are seeking to coax institutional investors, from insurers to pension funds, back into the market for asset-backed bonds to boost non-bank funding for businesses. To continue reading, click here.
Controversy surrounding European money-market fund (MMF) regulation means political agreement isn’t likely until mid-2015. Regulators are trying to strike a balance between overseeing MMFs and allowing them to continue to be viable. Issues that remain to be resolved include a proposed capital buffer and pressure to align proposals with U.S. reforms. To continue reading, click [...]