With new regulations on central clearing, margining and collateral segregation coming into effect, the role of the custodian is arguably more important than ever. Custody Risk includes news, analysis and research on the latest industry developments.
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Market participants still unclear on the implications of the requirement for multibank platforms trading non-cleared swaps to register as swap execution facilities
Masking of counterparty name extended to June 30, 2014
This webinar looks at the current state of enterprise stress testing and unveils findings of a new study on Enterprise-level Stress Testing (one of several research papers in Chartis' The Risk Enabled Enterprise ® research program)
More Custody risk articles
International frameworks for CCPs should be the primary source of jurisdictional equivalence assessments, according to Iosco's Alder.
Dealers say rules for default fund exposures are an improvement, but risk weights are not tied to "real default probabilities"
Some banks believe capital is - or will be - needed to support guarantees to clients
Key CFTC ruling on scope of Dodd-Frank will arrive "very, very close" to July 12 expiry of current exemptive relief, Wetjen warns - and may not be finalised before that date
Substituted compliance unlikely to work without a global body to settle disputes, says Iosco secretary-general
Asian CCPs under pressure from EU third-country equivalence/recognition deadline squeeze
CFTC commissioner warns lack of clear rules is "a major problem, nearly a crisis"
Clearing volumes dip as hundreds of new firms are caught by US clearing rules, but activity rebounded on June 11
Harmonisation of US and global systemic risk frameworks needed as US proposes first Sifis, warns industry think tank
Complete agreement proved impossible, but participants see new legal template as a good base for negotiations, Isda says
Hundreds more firms will be required to start clearing in the US today, and FCMs are warning there could be an increase in rejected trades as a result
Buy-side must prepare to meet their FX reporting obligations in Europe, which will be more challenging than in the US, webinar participants warn
Many financial institutions in Asia would not be in a position to comply with Dodd-Frank cross-border applications should the CFTC’s exemptive order expire on schedule on July 12
Regulators want capital and margin rules to encourage central clearing, but analysis suggests costs may currently be higher in the cleared world
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.