European commission (ec)
Insurance industry waiting on detailed European guidance
For banks to apply a 2% risk-weight, non-EU CCPs must be approved by Esma and their home-country rules by the EC. That process has to be complete by June 15 but banks now fear that will not happen in some...
Market participants detect new mood on cross-border issues: "The two clearing regimes aren't really compatible, but neither side wants to start a shooting war"
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 European commission (ec) articles
"We need a solution," says Esma spokesman
European proposal limits risk management tools to clearable swaps only, preventing options-based hedges
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