Some clearing houses are adopting loss allocation mechanisms as a last line of defence if one or more clearing members default. That might help a central counterparty get back on an even keel, but what...
Resolving issues around the extraterritorial application of derivatives regulation is a major outstanding issue that needs to be addressed, says FSA’s acting director of markets
More Clearing articles
Central counterparties a ‘Maginot line’ that won’t prevent financial breakdown, argues Queen’s University at Kingston assistant professor
Banks and CCPs are pressing for changes to method of calculating default fund capital
Central counterparties are about to take centre stage in the revamped over-the-counter derivatives markets – a development that has given rise to a set of global principles for their management and supervision. William Dudley, president of the Federal...
Credit ratings for sovereigns and dealers are on the slide – an extra incentive to use clearing houses – but only the biggest institutions have started clearing, and half of respondents to this year’s rankings say they are not expecting to do so...
The eurozone crisis, sovereign downgrades, squeezed profits, strict new regulations – when compared with today’s parade of misery, bankers could be forgiven for looking back to the mid-2000s as a golden age. But not everyone involved in the financial...
Over-the-counter (OTC) clearing is an issue that remains critical and controversial. As the deadline looms for all standardised OTC derivatives to be cleared by the end of this year, market participants are working hard to ensure that large-scale clearing...
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.
Hong Kong, 1st - 31st Dec 2014
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Australia, 12th - 13th Aug 2014
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USA, 20th - 21st Aug 2014