The Libor and forex scandals have laid the groundwork for quicker and stronger enforcement of the hoard of violations to be exposed by the Panama Papers
Which revenues should trigger an antitrust filing? Talk of a new European Commission (EC) filing threshold based on transaction value has faced early pushback from industry and lawyers, warning it would muddy bright-line tests and add to today's web of merger approval processes.
The new capital regime could signal the death knell for G-Sib debt funding. European and North American bank counsel, treasurers and capital structurers spoke anonymously – and candidly – about TLAC's impact on their operations and bond markets. Opinions are divided on everything from timelines to investor appetite. But what's clear is that the regime will fundamentally change bank balance sheets
