Walter Lukken, chief executive of pioneering clearing house NYPC - and former CFTC commissioner - replaces John Damgard, FIA head of 30 years
BNY Mellon had a great year, cleaning up in five categories in the Custody Risk European Awards 2011, including the sought-after European Custodian of the Year award. It introduced new technology, including...
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
More than three-quarters of respondents to a Risk.net poll think rule capping membership criteria at $50 million in capital should be changed following collapse of would-be clearer MF Global
Despite being exempt from clearing and exchange trading requirements in the US and Europe, some corporate treasurers fear they might have little choice but to execute forex options on electronic platforms
New report calls for debt offices to weigh the pros and cons of two-way collateral and clearing
Writing to the Commodity Futures Trading Commission (CFTC) in November 2010, the general counsel of MF Global highlighted what the firm saw as a key risk in the shift to central clearing for over-the-counter derivatives – the danger that smaller firms...
New regulations have forced financial services firms to get to grips with counterparty credit risk and credit value adjustment, the liquidity coverage and net stable funding ratios, and electronic trading, clearing and reporting. In the face of these...
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