CCP is not collecting enough collateral, member firms say. New model is being reviewed by FSA
Asset managers in Asia are being hindered in preparing for OTC clearing by a lack of clarity over location
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Clearing articles
Sefs could lose out if OTC trading volumes move into listed products, says CFTC commissioner - but he is "comfortable" with decision to approve the CME's new swap future contract
New rules would see OTC markets over-margined, while futures may be under-margined - and there could be systemic implications
Speaking at the Asia Risk Congress, CIMB head of rates, funding and structuring Chu Kok Wei sets out his concerns over the move to central clearing in the region
Buy-side firms argue new regulations will create a collateral squeeze – despite claims by a Bank of England official that the fears are overplayed
CCPs should be required to make details of their models public, says the Bank of England’s payments and infrastructure division head
If a clearing business is part of an institution that also makes markets in over-the-counter derivatives, there are lots of things it cannot do. The US Commodity Futures Trading Commission (CFTC) summed them up in its final rules on internal business...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future