The European Banking Authority (EBA) has issued an Opinion addressed to National Supervisory Authorities (NSAs) on Good Practices for the Risk Management of Exchange Traded Funds (ETFs). . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-publishes-Good-Practices-for-ETF-Risk-Manageme.aspx

The European Banking Authority (EBA) has launched a consultation on Draft Regulatory Technical Standard (RTS) on the content of recovery plans. In doing so the EBA starts the preparatory work for the implementation of the Recovery and Resolution Directive (RRD) currently discussed by the EU legislators. The consultation runs until 11 June 2013 . . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-consults-on-technical-standards-for-recovery-p.aspx

Paul Smith moved from London to Hong Kong to work in Asia’s hedge-fund industry almost 17 years ago, and he rode the boom to its peak. Last year, like other industry veterans, he quit. . .

http://www.bloomberg.com/news/2013-03-05/traders-flee-asia-hedge-funds-as-haven-becomes-dead-end.html

Citigroup executives stand to collect $579m under profit-sharing plans that include the one shareholders voted against last year. . .

http://hereisthecity.com/2013/03/05/citis-criticized-comp-plans-pay-out-579m-to-execs/

The FCA have opened a debate into how they and the financial services industry can be more transparent and they want you to take part in the discussion. . .

http://www.fsa.gov.uk/library/policy/dp/2013/13-01.shtml

Eurozone finance ministers, known collectively as the Eurogroup, are confident of agreeing a bailout for Cyprus by the end of March. . . .

http://www.bbc.co.uk/news/business-21655475#

Chancellor George Osborne stood isolated after European Union finance ministers vowed to press on with proposals to curb bankers’ bonuses. . .

http://www.bbc.co.uk/news/business-21661089#

The EBA issues today a discussion paper presenting the methodology and scope of its forthcoming analysis on definitions of highly liquid assets. The proposed methodology is based on a scorecard, which aims at producing an ordinal ranking of assets by combining a set of different liquidity indicators. Following the outcome of the analysis, the EBA will report to the European Commission on appropriate definitions of high and extremely high liquidity and credit quality of transferable assets for the purpose of the LCR. . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-consults-on-the-process-to-define-highly-liqui.aspx

Bank of New York Mellon has agreed to pay $114m to settle claims over its role as trustee for debt issued by Medical Capital Holdings Inc, a medical receivables financing company that collapsed in 2009 amid fraud allegations. . .

http://hereisthecity.com/2013/02/25/bank-of-ny-mellon-cargill-goldman-reyl-co-toronto-dominion/