Asia Risk - Jun 2018
The June 2018 issue features articles on: European users of NDFs face bar from using three Asian fixings from 2020; artificial intelligence used in tandem with human analysis for AML; Standard Repackaging Documentation initiative aims to make the bond repackaging market safer and more liquid; top spot for Societe Generale and BGC in our interdealer rankings
Articles in this issue
Asian NDF fixings threat signals yet another deadline drama
Extraterritorial reach is not new to region, but EU Benchmarks Regulation poses real risks
Reform fails to solve collateral woes in Korea
Korean swaps users wary of collateral reuse, leaving dealers with LCR burden
Commonwealth Bank hit by A$1bn op risk add-on
Capital charge applied for poor management of operational, compliance and conduct risks
RBA’s Debelle warns against buy-side Libor complacency
Central banker also says Australian dollar swaps may gradually migrate to cash rate if other Ibors end
Bank of Japan cautions on low loan-loss reserves
Lenders vulnerable to reverse in benign economic conditions
Mifid fuels Asian equities e-trading surge
Firms with European clients find low-touch channels help to prove best execution
China A-shares: traders want access to onshore funding
Inclusion in MSCI will drive CNH squeeze unless CNY market is opened or settlement extended
Asia moves: Citi expands Treadwell’s role, Credit Suisse makes Australian appointments, and more
Latest job changes across the industry
NDF nightmare: banks seek fix for benchmark ‘mess’
European firms face bar from using three Asian fixings from 2020, raising concerns about legacy trades
Asia-Pacific banks grapple with conduct risk rules
Australia, Hong Kong regimes lead in developing conduct risk guidelines; Singapore lags behind
Banks explore new data techniques to tackle money laundering
Artificial intelligence in tandem with human analysis seen as effective for know-your-customer
Duelling repack platforms find common ground
Standard documentation initiative mulls shared SPV model as founders seek to join rival
Asia Risk Interdealer Rankings 2018: The winners
Societe Generale and BGC top the tables
Putting swaptions pricing in the fast lane
Derivatives consultant proposes a model for arbitrage-free pricing
Discrete time stochastic volatility
Quant proposes faster model to price arbitrage-free swaptions