Fight over margin requirements for uncleared trades is not over, banks vow, but Isda will develop a standard model for use under the rules
Clearing volumes dip as hundreds of new firms are caught by US clearing rules, but activity rebounded on June 11
Hundreds more firms will be required to start clearing in the US today, and FCMs are warning there could be an increase in rejected trades as a result
Citadel and Fortress have found some foreign banks unwilling to accept Dodd-Frank reporting rules, conference hears
In this video, Nick Sawyer talks to Risk’s editor, Duncan Wood, about clearing mandates in the US and a new Risk survey on client clearing
The Wild West
CFTC chair says "it is critical" that US rules apply overseas, in article for Banque de France stability review
Europe and the US are at loggerheads over the territorial scope of new derivatives rules – as evidenced by a new financial stability review from the Banque de France – but agreement can be reached, says Sylvie Matherat, the central bank’s deputy...
The move to central clearing poses a huge documentation challenge. A standard template has been developed for European derivatives users – but will this solve the problem? By Duncan Wood and Lukas Becker
Cross-border resolution could be harder under US-style capital and liquidity plans, says Finma's head of bank supervision
Switzerland went first – and furthest – on post-crisis banking reforms, making its industry a test case for the impact of the new regime. But it has not yet solved the too-big-to-fail problem, Mark Branson, chief bank supervisor at Eidgenössische...
Trading book capital measures were at heart of efforts to free up traders and reduce capital
Banks call for Basel Committee and Iosco to rerun study on impact of uncleared margin rules after errors emerge
Deal is said to pay a coupon of 11% for first-loss protection – which some investors say is too low
Rules see two-way posting of initial margin, but apply threshold of €50 million in counterparty risk
A slow getaway