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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Trades cleared voluntarily would not be protected by hedge accounting under IASB proposals
Single bank default could affect multiple CCPs, leading to crippling default contribution for existing members and a chain of bank failures
More Custody risk articles
Many derivatives users in Asia expect to clear through local CCPs, creating the potential for liquidity fragmentation and higher costs
FCMs do not have capacity to sign up all category 2 firms, market participants warn – and swap futures stand to benefit
Clearing link with KRX will lead to larger volumes and efficiencies at SGX
Some client trades have not been cleared within 60 seconds
Two firms now testing central credit-checking service
Apex Fund Services is providing start-up hedge fund managers with a range of options to keep costs down, including free office space in several major cities around the globe. It will also offer advice
A large number of offshore funds could be classified as US persons once a CFTC exemption expires in July, subjecting them to Dodd-Frank transaction-level rules
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.