European market infrastructure regulation (emir)
Ulf Norén, global head of sub-custody at SEB, says banking is facing its most challenging time since he began working in the industry
Industry group was not convened as Esma drew up draft clearing rules
Thousands of firms are likely to be caught by the over-the-counter clearing mandate – but banks offering client clearing services say they can only take on a limited number of customers. As things stand,...
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 market infrastructure regulation (emir) articles
Many end-users will have to clear over-the-counter derivatives using services provided by clearing house members – currently, that means the big dealers. But changes in default fund calculations and regulatory capital requirements mean the fees they...
Upcoming regulatory reporting requirements will mean a vast increase in the amount of data being handled by energy companies and most will require updates to their existing systems. Gillian Carr speaks to industry experts about what to expect
Dealers expect new rules to hit the profitability of their business, but fewer expect to be able to pass the costs along – and more are anticipating a big drop in OTC trading volumes
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
If bravery is defined as sticking your neck out and making bold predictions during a period of extreme uncertainty, then Michael Gooch, chief executive of GFI Group, is a brave man. He says the brokerage he founded in 1987 will follow in the footsteps...
Execution, clearing, reporting – of the three strands of over-the-counter derivatives reform agreed by the Group of 20 (G-20) nations in 2009, dealers could probably have lived with the last two. The market had already been moving towards wider use...
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