Dealers welcome EBA proposals but say limited number of eligible counterparties means few benefits
This paper analyses whether the double default treatment under Basel II is appropriate to capture the asymmetric relationship between an obligor and its guarantor.
The authors investigate interoperability from the perspective of the multilateral netting property of central clearing.
As defaults rise, firms step up sophistication of counterparty assessments
This paper studies the intraday liquidity needs of systemically important entities using simulations of the various Colombian financial market infrastructures (FMIs). The paper shows that if liquidity in another FMI (based on the proprietary positions of…
COO in interview cites equity-like evolution and regulation squeezing liquidity
Catley Lakeman acts as a go-between for banks and asset management companies looking to buy their structured products. Vita Millers talks to founding partner Russell Catley
Banks must be aware of the risks of data transfer, conference is warned
Cooking with collateral
Extracting value from high-net-worth investors became a priority for Belgian banks in response to the Financial Services and Markets Authority's moratorium, but as mounting regulatory pressure spooks investors, private banks are bringing their structured…
Crunch time for corporates
Choose your top three counterparty dealers in order of preference in the following five product categories: interest rate, currency, commodity, equity and credit derivatives.
Risky funding with counterparty and liquidity charges
Industry's concerns starting to be reflected in legislation proposals
The UK's financial regulator is considering strengthening its regulation of all kinds of exchange-traded products because of their increasing complexity
New regulatory fixes only a partial solution as industry anticipates jurisdiction shopping by secretive clients
BNP Paribas launches Russian stock dividend futures in London
By: Alexander Lipton, Bank of America Merrill Lynch, Imperial College London; David Shelton, Bank of America Merrill Lynch