Central bank to study need for counter-cyclical buffer in a developing economy
The Kazakhstan central bank's intention to begin implementing Basel III from 2015 is likely to speed up the banking sector's current consolidation phase
Funds cite inability to post non-cash variation margin as grounds for further relief
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More News/Regulation articles
Trafigura, Vitol and other trading houses unlikely to be captured by proposed criteria for global systemically important financial institutions
Industry sources have welcomed CFTC decision to extend no-action relief for its non-US swap dealer requirements and to consult on definitions
Agreements reached under US Dodd-Frank Act fail to address critical issue of enforcement
Piecemeal reform of reinsurance laws continues to frustrate Lloyd’s market
Delegated acts must set stringent conditions for calculating fundamental spread, insurers say
CFTC rule potentially captures legacy trades novated to CCPs
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.