A proposal by the Monetary Authority of Singapore to exempt forex swaps and forwards from mandatory clearing is seen as a positive move to harmonise treatment of foreign exchange with the US
Forex clearing platform for NDFs is ready for launch, pending regulatory approval, LCH.Clearnet confirmed in its annual report
James Kemp, managing director of the global foreign exchange division, talks to FX Week about the biggest regulatory challenges of 2012
Risk would like to invite you to join us on 14 April 2014 at 10am EST / 3pm GMT for our next FREE webinar. Joining the panel discussion will be: Moderator: Duncan Wood, Editor, RISK. Athanassios Diplas, Senior Advisor, ISDA. Barry Hadingham, Head of Derivatives and Counterparty Risk, AVIVA INVESTORS. Neil Murphy, Director, Collateral Product Management, IBM RISK ANALYTICS. Click to register.
More Non-deliverable forward articles
Non-deliverable forwards are the current focus for FX CCPs and banks, but panellists argue the risk in those products is negligible
With a range of foreign exchange products expected to move towards clearing, several central counterparties are jockeying for a slice of the business. But technical obstacles and lacklustre demand are getting in their way
Of all the derivatives asset classes destined for central clearing, the outlook for foreign exchange has arguably been subject to most change over the past 12 months – and clearing house offerings have reflected that. Initially, central counterparties...
With a range of foreign exchange products expected to move towards clearing, several central counterparties are jockeying for a slice of the business. But regulation, technical obstacles and lacklustre demand from market participants are getting in their...
Growth of non-deliverable forwards market will not be hit by impending clearing laws
The Central Bank of Chile has the authority to stop financial institutions netting down their transactions, which participants fear might prevent central counterparties from being able to clear contracts denominated in the Chilean peso
London-based CCP is set to launch clearing for NDFs in six currencies in mid-November, having shelved plans for options clearing while banks discuss settlement-related issues with regulators
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
Japan, 24th Apr 2014
Japan, 24th Apr 2014
USA, 30th Apr 2014
USA, 8th - 9th May 2014