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,...
Proposals to require derivatives users to post initial margin on uncleared trades will cause many end-users to stop using derivatives, say a majority of survey respondents
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 Initial margin articles
Stockholm-based TriOptima has designed a way to transfer unclearable risk into a central counterparty. All the company has to do now is convince the world’s regulators to change their rules. By Michael Watt
Singapore becomes the first exchange in Asia to implement Iosco principles
Growing demand for collateral means the ability to offer margin efficiency will be a big competitive advantage for derivatives clearing houses. But critics fear the industry will be left with a collateral shortfall in a crisis
When applying for regulatory approval at the end of 2010, New York Portfolio Clearing (NYPC) pitched the centrepiece of its strategy – a cross-entity, portfolio-margining capability – as a way to inject competition into the US interest rate futures...
Regulators and policy-makers are determined to solve the problem of banks that are too big to fail, says Paul Tucker, deputy governor of the Bank of England (BoE). And, in doing so, they will not allow “the tragedy” of central counterparties (CCPs)...
Basel Committee addresses long-standing complaints over default fund exposures and client clearing
Working group publishes proposed margin rules for uncleared trades – bringing global rules in line with an earlier US proposal
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
USA, 9th Dec 2013
USA, 10th Dec 2013
UK, 18th Dec 2013
UK, 12th Feb 2014
UK, 13th Feb 2014
Updating your subscription status
Risk iPad and iPhone Apps