Central counterparty (ccp)
Hogan Lovells explains how alternative investment funds that enter into derivatives transactions may judge the interaction between Emir and AIFMD
Clearing houses across Asia have been working to meet global standards for CCPs in order to make themselves eligible for non-domestic trade flow. This article looks at how three clearing houses – in...
Korea Exchange signs up 16 foreign bank branches for its IRS clearing service prior to June 30 deadline from its local regulator, while CFTC expected to announce no-action relief for KRX
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 Central counterparty (ccp) articles
In theory, swaps market participants will be pushed towards clearing houses by a supportive capital regime, but in practice, banks claim, successive regulatory proposals would have killed the business. However, the verdict on a final version of the rules...
European banks start clearing in India despite no EU equivalency ruling
In a first wave of equivalence decisions, the EC is set to approve CCP rules in five countries – but the US will not be among them, and critics say Europe is using the regime as a bargaining tool
European authorities are engaging with central counterparties and clearing members to avoid problems associated with the roll-out of clearing in the US, says Kate Wormald, founder and owner of Oesa Partners, talking to Luke Clancy
UK's Financial Conduct Authority warns outlined Commodity Futures Trading Commission regime may not pass equivalence test, potentially leaving US central counterparties out in the cold
Hot on the heels of HKEx becoming the latest CCP to be granted no-action relief to service US bank branches, the CFTC is edging towards a new set of rules for foreign CCPs not seeking a full DCO licence
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.