South African brokers are celebrating victory in a dispute over taxes on equity trades, but their relief may be short-lived. The National Treasury has reaffirmed its desire for a stricter regime to be...
Respondents to a Risk.net poll support the UK Treasury’s decision to sue the ECB over its proposal to require CCPs clearing euro-denominated contracts to be legally incorporated in the eurozone
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Michael Watt articles
Anxiety about Chinese growth and the latest bout of eurozone debt panic appear to have triggered a surge in spreads on Australia’s credit index. But are credit spreads on Australian companies an effective general-purpose hedge against non-domestic economic...
Traders say decision by Moody’s was already priced in as major French banks escape CDS blow out
Report recommends a worst-case capital level of 22.5% for large ring-fenced retail banks and UK-headquartered systemically-important banks
French banks see further spread widening, before disclosure by Société Générale on its eurozone sovereign exposure prompts a turnaround for that bank
Derivatives clearing houses should be able to rely on central bank liquidity support, says Eurex exec at SFOA annual conference
Basel Committee is working on criteria to decide what counts as a liquid asset, but secretary general says no decisions have yet been taken on how – or whether – to change the LCR
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.