US tax fix to aid buy-side portfolio back-loading
The need to provide portability could pressure CCPs to lean more heavily on initial margin than default funds to absorb losses
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 Clearing articles
While Basel Committee deliberates, EC proposes 'value of zero' for contingent risks associated with clearing portability
CPSS-Iosco guaranteed settlement requirements make foreign exchange options clearing more difficult, say participants
In an exclusive video interview, Isda chairman Stephen O’Connor says there is a finite capacity for clearing members to provide collateral transformation services to their clients
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but strips out explicit calls for an exemption
Asian countries are concerned about the lack of Dodd-Frank Act CCP exemptions for sovereigns; proliferation of CCPs carries its own risks, say dealers
Deutsche restructures clearing initiatives in response to global regulatory push towards OTC derivatives central clearing
BIS weighs in on CCP central bank liquidity access debate
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.