Banks reduce cross-border funding of peripheral eurozone assets in an attempt to mitigate redenomination risk - but funding gap still tops £10 billion for Spain
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
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Looking ahead to a period of unprecedented change in derivatives markets, Risk's 25th anniversary issue has selected the companies it believes will do most to shape the future
Turning borders into barriers
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe...
Resolving issues around the extraterritorial application of derivatives regulation is a major outstanding issue that needs to be addressed, says FSA’s acting director of markets
BoE thought to be the first major central bank to change policy on collateralisation as it seeks to reduce dealer funding charges
Banks and CCPs are pressing for changes to method of calculating default fund capital
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
Tweaks to Mifid text would allow owners of OTFs to engage in matched principal trading
Attempts to match assets and liabilities on a country-by-country basis could be threatened if Greece exits eurozone, lenders fear
Uncertainty over the future of single-dealer platforms under new European trading rules is prompting banks to consider price aggregation of OTC trading platforms
Managing the regulatory patchwork
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.