COMMODITIES NOW
Regulations Ahoy! The regulatory environment is becoming
more complex and burdensome, driven by Basel III with new rules for capital liquidity, funding and OTC derivatives. These represent one of the market’s biggest headaches going into the New Year. The largely opaque nature of the
G20 financial reform processes, together with the different time-frames for implementation, has resulted in confusion, uncertainty and an increasing demonstrable friction between national regulators (which we explore on page 13 of this edition). Rising regulatory pressures and a data-driven approach to oversight are the top concerns for financial organizations next year according to Wolters Kluwer Financial Services. Financial organizations across the globe encountered increased regulatory pressure in 2012 as more visibility and scrutiny were placed on the areas of compliance, risk, finance and audit. That pressure is only likely to build in 2013.
With President Obama back in, it’s clear the Dodd-Frank Act
will remain in place and the Consumer Financial Protection Bureau (CFPB) will intensify its rulemaking and oversight efforts. And Basel III, Solvency II and global International Financial Reporting Standards (IFRS) continue to be in the spotlight for financial organizations operating in the UK, Europe and the Asia-Pacific region. The question for many companies is, “How do we meet these
obligations and regulators’ heightened expectations?” The answer according to regulators worldwide often lies within the quality and availability of an organization’s data. “Regulators in nearly every country are taking a data-driven approach to supervision, demanding organizations provide more information than ever before to help ensure they are meeting compliance requirements, protecting consumers and effectively managing risk,” say Wolters. Commodity traders and investors have had another challenging
year in 2012 as volatile markets have been further disrupted by geopolitics and weather related events. Multiple trends have influenced prices, making it difficult for any single investment strategy to work effectively. Expect more of the same to follow. •
Commodities Now.
www.commodities-now.com
An investment in knowledge always pays the best interest.
Benjamin Franklin
distinguished speakers include
Bradley Rotter Chief Investment Officer Rotter Family Office
Dr. Michael Ganske Managing Director, Head of Emerging Markets Research Commerzbank AG
Lawrence Brainard Chief Economist and Managing Director Trusted Sources
Sandy Lincoln Chief Market Strategist BMO Asset Management U.S.
Scott Anderson, PhD Chief Economist, SVP Bank of the West
Emerging Markets Investments January 28-29, 2013 The Ritz-Carlton | Palm Beach, FL
Email:
d.drey@marcusevansch.com Phone: 416-800-2481
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