The Bank for International Settlements has released a collection of 10 papers from a conference held in November 2011 on the relationship between financial regulation and growth, equity and stability.

The European Central Bank argues that despite an objective of hedging being to share risk, the effect can in fact be an increase in risk-taking, as negative news about the hedge creates an incentive problem for the seller.

The report prepared by the Corporations and Markets Advisory Committee responds to a request from the Australian Government for advice on the suitability of the legislative definition of “derivative” for today’s derivatives markets and whether it may be possible to decrease complexity in this area o

In response to investor feedback on the issue of pay-for performance, which indicated a preference for putting the focus on long-term alignment, board decision-making, and pay relative to both market peers and to absolute shareholder returns, Institutional Shareholder Services has published a white