Central counterparties are about to take centre stage in the revamped over-the-counter derivatives markets – a development that has given rise to a set of global principles for their management an...
Deputy comptroller gives sneak-preview of possible systemic threats that will be highlighted in a forthcoming OCC report
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More Mark Pengelly articles
New York Fed will "stand down" as the CFTC and SEC "stand up", says New York Fed president
Trouble in the eurozone is increasing collateral in over-the-counter derivatives market, according to Isda
The funding squeeze
A consultation on OTC clearing is expected in the coming months, but a key question will not be answered
An auction to settle the Greek sovereign CDS goes smoothly, but some participants argue the documentation needs to be revisited
Dealers are concerned that intra-day margin call guidelines, which they claim could drain up to $500 billion from financial markets, could make it into final CPSS/Iosco principles
Beyond Basel 2.5
Patchwork of risk measures - including standalone CVA charge - may be left intact
The New York Fed's concerns about intra-day credit should be tackled by JP Morgan, BNY Mellon and DTCC, an industry taskforce concludes
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.