Helen Bartholomew is editor-at-large, Emea for Risk.net, based in London.
Prior to joining Risk.net, she was derivatives editor for International Financing Review, part of Thomson Reuters, where she reported on debt and equity capital markets.
Helen holds a bachelor’s degree in anthropology from the University of Durham, UK.
Regulators must address “grey areas” in uncommitted facilities, urge participants
First use cases price below fallback spreads, but above market levels; illiquid derivatives may hike hedging costs
Non-banks may prove immune to regulatory arm-twisting in fourth wave of transition for listed markets
Over-reliance on fallbacks could lead to failures at year-end
Third-party provider begins shifting phase five clients to full-service collateral model
Custodians urged to update “antiquated technology” ahead of three-fold jump in phase six initial margin onboarding
‘Tough legacy’ solution could mop up $2.7trn-equivalent of non-cleared sterling and yen derivatives
Legislative effort is progressing with bipartisan support, but non-US law contracts won’t benefit
Legislation does not “disfavor” alternative rates, but safe harbour may not stretch beyond SOFR
A plan to oust Libor in September is expected to spur voluntary RFR adoption for euro legs
Pick-and-mix grid of floating rate options will make it easier to clear post-Libor bond hedges