Arch-critic of funding valuation adjustment says regulation will make it obsolete – reducing industry's exposure to arbitrage
Global head of market risk at RBS says he is "way outside" his risk appetite
Forward guidance alone is of little use from a liquidity planning point of view, conference hears
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Derivatives articles
Regulators suggest WGMR haircut will not apply to variation margin, reducing the threat to the viability of the standard CSA
Unwinding in-the-money swaps to release cash for investments and collateral management
CFTC chairman confident that first entity-level determinations will be complete by December 21, but is less certain about transaction-level requirements
New London-based platform has buy-side fans, but no publicly declared backing from market-makers
Isda conference in New York hears some trading platforms outside the US are turning away US persons to avoid registering as a Sef
Academics who ignited fierce debate on funding valuation adjustment return with new paper
Final WGMR rules allow collateral on uncleared derivatives to be rehypothecated under strict conditions, but lawyers say they are unclear on how the rules will work in practice
A fragmented view
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.