Regulationhttp://www.euromoneyfxnews.com/RSS.aspx?FeedID=2282©2013 Euromoney FX News60RegulationESMA seeks CCP ring-fencing of trading collateralClearing houses operating in the EU would be required to ring fence all collateral deposits linked to trades in products like FX swaps and forwards under proposals released by the EU’s European Securities and Markets Authority (ESMA) today.http://www.euromoneyfxnews.com/Article/3133887/ESMA-seeks-CCP-ring-fencing-of-trading-collateral.htmlThu, 20 Dec 2012 00:00:00 GMTFXDD sets aside $3.3 million as part of NFA pricing investigationFXDD, an institutional and retail forex broker, has voluntarily set aside $3.3 million after being asked to do so by independent industry regulator the National Futures Association (NFA) as part of a trade quoting and pricing investigation.http://www.euromoneyfxnews.com/Article/3131739/FXDD-sets-aside-33-million-as-part-of-NFA-pricing-investigation.htmlFri, 14 Dec 2012 00:00:00 GMTPBoC to push renminbi reforms: HSBCThe People’s Bank of China (PBoC) has withdrawn from spot market intervention but has kept the dollar-renminbi mid-point fixing fairly steady – and HSBC expects this shift in policy towards a market-driven exchange rate to continue next year, says Asiamoney, a sister publication of EuromoneyFXNews. http://www.euromoneyfxnews.com/Article/3129644/PBoC-to-push-renminbi-reforms-HSBC.htmlTue, 11 Dec 2012 00:00:00 GMTCFTC exempts FX swap market from pre-trade disclosuresThe US Commodity Futures Trading Commission’s (CFTC) division of swap dealer and intermediary oversight has exempted swap dealers and leading swap participants from the requirement to disclose pre-trade mid-market marks to counterparties in certain FX transactions.http://www.euromoneyfxnews.com/Article/3129148/CFTC-exempts-FX-swap-market-from-pre-trade-disclosures.htmlMon, 10 Dec 2012 00:00:00 GMTRenminbi RTGS reaches RMB250 billion a day, says Hong Kong-London forumThe daily turnover in Hong Kong’s renminbi (RMB) Real Time Gross Settlement (RTGS) system, which serves the global RMB market, has reached RMB250 billion, according to data released by the London-Hong Kong Forum, which is meeting in London this week.http://www.euromoneyfxnews.com/Article/3127042/Renminbi-RTGS-reaches-RMB250-billion-a-day-says-Hong-Kong-London-forum.htmlWed, 05 Dec 2012 00:00:00 GMTUSD/CNY trading band will widen in 2013, says Deutsche BankChinese authorities are likely to widen the trading band on the USD/CNY in 2013, as the country seeks to further internationalize its currency with a series of measures to increase the momentum towards the full liberalization of its capital account, according to Deutsche Bank.http://www.euromoneyfxnews.com/Article/3125741/USDCNY-trading-band-will-widen-in-2013-says-Deutsche-Bank.htmlMon, 03 Dec 2012 00:00:00 GMTDraghi’s OMT will face test in 2013, says former ECB board memberA pledge by Mario Draghi, president of the ECB, to do whatever it takes to ensure the survival of the eurozone, could face a test in 2013 as economic fundamentals are likely to worsen, says Lorenzo Bini Smaghi, a former ECB board member.http://www.euromoneyfxnews.com/Article/3125130/Draghis-OMT-will-face-test-in-2013-says-former-ECB-board-member.htmlFri, 30 Nov 2012 00:00:00 GMTWeekly review: Counting on CarneyNo one likes to say: “I told you so.”http://www.euromoneyfxnews.com/Article/3125054/Weekly-review-Counting-on-Carney.htmlFri, 30 Nov 2012 00:00:00 GMTKorean FX controls to have limited impact on wonSouth Korea’s efforts to weaken its currency by limiting banks’ FX positions will hurt local asset managers’ abilities to buy foreign currency bonds while having a limited impact on controlling the won.http://www.euromoneyfxnews.com/Article/3124217/Korean-FX-controls-to-have-limited-impact-on-won.htmlThu, 29 Nov 2012 00:00:00 GMTRMB cross-border lending quotas to ease ‘trapped cash’The People’s Bank of China (PBoC) will continue to support the internationalization of the renminbi by issuing more cross-border lending quotas to multinational corporations (MNCs), easing concerns on excess liquidity trapped onshore, according to Asiamoney, a sister publication of EuromoneyFXNews.http://www.euromoneyfxnews.com/Article/3123628/RMB-cross-border-lending-quotas-to-ease-trapped-cash.htmlWed, 28 Nov 2012 00:00:00 GMTWeekly review: I can see clearly now the US Treasury exemption is goneThe US Treasury’s announcement after markets closed on Friday, November 16, that it will exempt FX swaps and forwards from regulation under the Dodd-Frank Act meant the market had something to be thankful for on Monday morning.http://www.euromoneyfxnews.com/Article/3122087/Weekly-review-I-can-see-clearly-now-the-US-Treasury-exemption-is-gone.htmlFri, 23 Nov 2012 00:00:00 GMT