Asia Risk - Jul 2016
Articles in this issue
LCH-JSCC basis to boost XVA acceptance in Japan
Prices now "can't be explained without reference to XVAs", says Nomura credit head
US, EU uncleared margin rules ‘impossible’ for Asia
US, EU insistence on next-day variation margin settlement criticised by Apac lenders
Regulators must scrap T+1 timezone tax
Settlement cycles for non-cleared margin rules must be extended
Death knell sounds for India's P-note trade
End to offshore tax exemption would hit equity-based offshore trading product
Mifid speeds drive towards regional swaps-booking models
Brexit adds impetus for decentralisation of booking hubs to Asia
Shanghai to be first CCP to clear forex options
New service to debut in August, but liquidity risk has stalled other CCPs
China opens up onshore swap market but hurdles remain
Foreign investors can now hedge CNY bonds but dealers expect limited uptake
Derivatives bail-in raises questions in Hong Kong
Banks seek clarity, but regulator wants maximum flexibility for its bail-in decisions
People: Management shake-up at Societe Generale South Korea
Senior moves at SG in Korea; Axa Asia's COO; StanChart's Murthy retires; and others
StanChart, SG take top spots in 2016 Asia corporate/institutional rankings
Standard Chartered keeps its hold on the corporate section, while SG triumphs in institutional
