Bombay Stock Exchange (BSE) is ready to launch non - agri futures products such as bullion, base metals, crude and natural gas among others; according to Business Standard.
Europe will formally delay new capital rules for banks, as it continues to discuss with the U.S. over recognition of the latter as having “equivalent” rules to oversee clearing houses, the FT reported.
Financial Conduct Authority (FCA) is preparing to reach a deal with banks, including Barclays, Citigroup, JPMorgan, and UBS, in the currency-rigging settlement.
The UK government will examine the effectiveness of the processes at the Prudential Regulation Authority and the Financial Conduct Authority for referring cases for enforcement investigations
While stressing that it believes these measures are necessary and appropriate, the FCA notes the balance in commodity market participation is changing, with banks playing less of a role...
