Gonzalez Readies ESF, Warehousing Amendment FED's Greenspan, Treasury's Brady Opposed

REGULATIONS

The foreign exchange market may be headed for its biggest shake-up ever this September when House Banking Committee Chairman Henry Gonzalez submits an amendment that, if passed, could dramatically change the face of U.S. intervention.

Gonzalez is preparing an amendment that would grant the General Accounting Office (GAO) the authority to audit and investigate the actions of the Federal Reserve and the Treasury with respect to foreign exchange intervention, and would put an end to warehousing.

Gonz

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Banca Italease restructures after losses

MILAN – Banca Italease is to reorganise its risk management and control processes, following the announcement of a net loss of €686 million ($937 million) from its derivatives business.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: