Keith Noyes, Asia-Pacific regional director at the International Swaps and Derivatives Association (Isda), speaks to Lianna Brinded about regulatory changes and the impact they will have on the energy and commodities markets.
Forcing energy and commodities contracts into central counterparty (CCP) clearing is “potentially dangerous”, says Isda's Noyes
Competing for business will not fatally undermine derivatives clearing – as long as the system is well regulated, speakers claim
All 209 Isda primary members could qualify as swap dealers under the Dodd-Frank Act, says CFTC chairman.
Revised rules replace laborious consent-then-confirm novation process
CVA and the equivalent bond
Efforts by Nafmii to bolster the definitions of China’s over-the-counter derivatives master agreements should help market development. But there are concerns about potential copyright infringement related to Isda master agreements.
Islamic derivatives users are still getting to grips with a new sharia-compliant master agreement, but some argue the market will be stunted without an accompanying collateral document. Lawyers say that is some way off, so they’re cooking up bespoke...
Regulators should consider liquidity when deciding which over-the-counter derivatives should be cleared, say market participants
Isda's chairman discusses some of the changes in the regulation of the over-the-counter derivatives market
The introduction in Hong Kong of the new laws for structured products took one step closer with the announcement of a first reading for the bill on July 14. A lengthy consultation period that followed the creation of the first draft of proposals has ensured...
The International Swaps and Derivatives Association is carrying out its biggest overhaul for years of commodity definitions, which will include new products to reflect market developments
Sovereign debt crisis raises fears about correlation of derivative collateral denominated in domestic currencies
Long-awaited derivatives proposals focus on standards for central counterparties that clear OTC derivatives.
Protection sellers on monoline face 80% cash value payout
US financial reform edges closer as legislators prepare for the reconcilation of the House and Seante bills
If someone could create a short form document of three or four pages that could alert retail investors to the proceeds and pitfalls of a structured product, then regulators could relax, investors could do their own simple risk-reward analysis and product...
South Korea introduced a raft of new legislation with the aim of helping make Seoul a world-class financial centre prior to the financial crisis. But the events of 2007–08 proved a game changer as regulators grappled with the damage wreaked by kikos...
SG CIB's Eric Litvack talks to Risk about the implications of evolving rules on bank capital and OTC derivatives.
Heated debate over financial regulatory reform going through the US Congress was at the forefront of the International Swaps and Derivatives Association’s annual general meeting in San Francisco last month.