"I would be very much in favour of the concept of a Pillar 2 for CCPs", says CPMI chair
Demutualised CCPs must find a way to keep clearing members engaged in risk management
Top staffer at FSB addresses liquidity, bank risk data and securities financing risks in a wide-ranging interview
Five banks now using start-up to navigate swaps reform minefield
Secretary general says FSF failed to act on known risks surrounding resolution and securitisations
Supervisors under pressure to finalise post-crisis reforms to capital rules
"The factories manufacturing new regulation are still operating at their full capacity"
Concerns heard as repo industry considers voluntary adoption of clearing
Sponsored feature: Clearstream
But reported problems include disclosure of state secrets stopping US trading
Regulators see incentives to use cleared swaps; critics claim analysis is flawed
Leverage ratio is making life difficult for clearing's gatekeepers
Dollar bias of US uncleared margin rules will impact swap pricing
Too-big-to-fail issue, swap market overhaul and shadow banking all on to-do list
Corporates and others frustrated by swaps reforms and higher costs
Last year was a landmark for the derivatives reforms laid out by the Group of 20 nations in 2009, with clearing, trading and reporting rules all coming online in the US. But it was also just the start of efforts to co-ordinate and align the rules internationally....
Banks in the region may struggle to find the capital to support balance sheet expansion if economic growth continues
CFTC chair says "it is critical" that US rules apply overseas, in article for Banque de France stability review
Europe and the US are at loggerheads over the territorial scope of new derivatives rules – as evidenced by a new financial stability review from the Banque de France – but agreement can be reached, says Sylvie Matherat, the central bank’s deputy...
Experience of the Asian financial crisis leads Bank of Thailand's deputy governor to question the LCR parameters
Legislative hold-up means Korea OTC derivatives clearing will be delayed
Proposed rules could result in relatively vanilla forex products attracting disproportionate margin and capital requirements, says BoE FX division head
The benefits of local trade repositories outweigh the possible disadvantages of multiple reporting requirements, says executive director of HKMA’s financial infrastructure unit
After the initial launch in July, CCIL moves to phase two in its trade repository build-out