Latest insight on final Volcker Rule

Author: Danielle Myles | Published: 30 Apr 2012

The inventory risk turnover metric, negative presumption and foreign trades are problematic areas of the proposed Volcker Rule tipped to change in the final rule, according to in-house and private practitioner conversations with the drafting regulators.

Bankers’ counsel said that from speaking with regulators and industry colleagues, the regulators genuinely appear to recognise that the proposal must be simplified. The removal of the negative presumption of prohibited trades and honing down the...