| Breaking news from Risk.net | CFTC will publish its own Volcker rule language, says Sommers Supervisor will publish its own Volcker rule for consultation – although little progress has been made so far, says CFTC commissioner Categories: Regulation Topics: Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), Federal Reserve, Volcker Rule, Dodd-Frank Act | Mobile | | | Worried about risks created by a potential Greek default? | Read Risk.net's analysis of the sovereign debt crisis! All of the magazines on Risk.net have written in depth about the sovereign debt crisis. Read their exclusive analysis today! | | More of this week's news | - Industry split over CCPs' ability to face new risks
There is discord in the industry over whether CCPs will be able to deal with the risks of clearing OTC derivatives as mandated by new regulation - Finra fines UBS $12 million for failing to adequately supervise short sales
Fine from Finra is latest indicator of UBS's control and supervisory issues - The Hartford appoints Rupp as chief risk officer
Fortune 500 group The Hartford appoints new executive vice president and chief risk officer - Denmark's new retail risk labels 'too broad and inflexible'
Danish regulations that divide investments into three categories of risk are too broad and will stunt structured products activity, say market participants... - ETFS criticises iShares call to rename ETCs
ETF Securities has criticised iShares' proposals to rename some commodities products, but says that if ETPS are re-labelled, physically backed ETFs... - Economic depression is world's top risk, says Towers Watson ranking
The global financial environment continues to show imbalances, and is not in a good position to withstand shocks, says Tim Hodgson - HK regulator clarifies extraterritorial impact of OTC derivatives rules
A senior official at the Hong Kong securities watchdog says some exceptions are likely to be made to proposed new extraterritoriality rules on mandatory... - Eiopa to publish Pillar 3 and Orsa consultations as FSA warns of reporting ignorance
The European Insurance and Occupational Pensions Authority (Eiopa) is expected to publish consultation papers on regulatory reporting and the Own Risk... - Hong Kong to start OTC derivatives clearing and reporting in January 2013 – HKMA's Lau
Hong Kong will "tentatively" introduce centralised clearing and reporting for OTC derivatives in January 2013, said Edmond Lau, HKMA executive director... - Asia Risk Congress 2011: 'Strong baseline supervision' a domestic priority, says CBRC head
Chinese banking watchdog director-general Luo Ping says China should continue with its conservative regulatory approach, which insulated it against... | | | | | | |