Custody top story
Founding banks no longer have 'powers of direction', which could have big implications for competition in Europe's interest rate derivatives market
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...
If clearing members are deemed to be interconnected, banks that use them to access a CCP may run into problems with the Basel Committee's new counterparty exposure regime
More Custody top story articles
Regulators are struggling with differing transatlantic rules on the protection of clearing client assets, says Esma chairman, Steven Maijoor – the result of a 'conflict of law'
The UK continues to oppose the financial transaction tax that is to be adopted by 11 EU states
Rising rates would help reduce pension fund deficits, but would also hurt the sector’s hedges. That could be managed by trimming hedge ratios, but funds are scared of acting too soon. By Cecile Sourbes
Finra says year-long approvals process revealed "notable outliers"
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
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014