Esma's decision to make indirect clearing an optional service could leave smaller firms without clearing access, according to a poll of Risk.net readers
Japan’s central counterparty proposes a 20-fold lower capital threshold for membership for it to qualify as a recognised clearing house under US rules; it also started successfully clearing yen interest...
A re-reading of the CFTC's phase-in rules for central clearing is prompting alarm among buy- and sell-side firms
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 Otc derivatives articles
Buy-side firms need to begin negotiating OTC clearing documentation now or risk being forced to adopt one-size-fits-all standard templates
New regulations could make interest rate swaps a more expensive product. As a result, large buy-side firms are looking at alternatives such as swap futures, which are also getting the backing of some dealers. Is this the beginning of the end for over-the-counter...
Dodd-Frank’s swaps push-out rule takes effect for non-US banks in July 2013, but many are said to be doing nothing to prepare – a gamble that the requirement will be repealed before it can force them to restructure their business. Peter Madigan reports...
Nigeria opened up a local over-the-counter derivatives market last year – a big step for the sub-Saharan region. Dealers and hedgers are now hoping for growth across the region, but some big gaps need to be filled. By Michael Watt
After three years of work, client clearing volumes have started to rocket in recent months – but it may not be enough to avoid a last-minute stampede. Tom Newton reports
Gazprom's UK-based trading subsidiary is hoping not to be hit by a clearing requirement - but has been doing its sums just in case, the company's treasurer, Michael Kawski, tells Lukas Becker
The Dodd-Frank Act may originate in Washington, DC but its impact on the over-the-counter derivatives sector will be global. Market participants in Asia need to be ready for a changing landscape that may change the way they transact with US entities
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