Banque de france
Owner of Natixis overstated derivatives exposure to France by €3.4 billion after mixing up notional and mark-to-market numbers
Big banks believe the Depository Trust & Clearing Corporation can be a unified global repository for derivatives trade data. But regulators aren’t convinced of the merits of a single repository and competing...
Last month, European policy-makers unveiled proposals that will implement Basel III across the continent, setting the stage for national disputes as member states seek to protect their own interests. Danièle...
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Banque de france articles
If regulators are serious about tackling liquidity risk, they should tell sovereigns to start posting collateral on their derivatives trades, dealers argue – the current one-way agreements leave banks with tens of billions of dollars in volatile funding...
More transparency in OTC derivatives is crucial – but regulators need the right kind of data, say conference speakers.
Push for global convergence in over-the-counter derivatives regulations means any US exemption is likely to be followed in other jurisdictions, says the EC’s Pearson
Cartel of French banks fined for fixing cheque processing fees
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.