Cause and effect
Final rules remove two controversial proposals, but revive regulators' concerns about access to clearing for small firms
The extraterritorial impact of the US Dodd-Frank could be sidestepped by Asian players opting to conduct swap trades with players outside of the regulation’s orbit
Industry group was not convened as Esma drew up draft clearing rules
What will clearing cost?
Dealing with a data flood
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
Responses to Esma's draft technical standard on Emir call for the agency to clarify its position on forex clearing - with some suggestion NDFs could be exempt
RFQ supporter hedges its bets
Are your systems ready for the next generation of energy regulations?
The July 2012 issue of ETF Risk covers regulation, liquidity risk and tracking error
Resolving issues around the extraterritorial application of derivatives regulation is a major outstanding issue that needs to be addressed, says FSA’s acting director of markets
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
The leading question
The collapse of MF Global last year saw clearing houses struggle to port client collateral to other firms - repeating problems seen after Lehman Brothers filed for bankruptcy in 2008
New regulations will help reduce systemic risk, but changes need to be made to certain parts of the rules, Isda chairman says
End in sight?
Managing the regulatory patchwork