Lukas Becker is the derivatives desk editor for Risk.net. His topics of interest include over-the-counter derivatives pricing, collateral management, market infrastructure and legal risk. He is based in London.
He was previously the Europe, Middle East and Africa editor of Risk magazine.
Enforcement of Emir reporting rules will be gradual, regulator says
Clearing members pressure CCPs to put more of their own money at stake
Banks in other big EU states will be able to sidestep Basel III
Traders say market for deliverable forwards has "disappeared"
Cross-asset groups are increasingly in vogue, but patience is key
Banks told to 'consider the implications for their business' and report to regulator
Proposed regime could arrive this month, but scope will remain unclear
South African central bank wants softer treatment for wholesale funds in NSFR
Risk-weights set to jump after June 15
Hoogervorst says work on classification and measurement "has been done for nothing"
It used to mean the tearing-up of perfectly matching trades, but compression has become something bolder and more ambitious in recent months – at the same time, it has also become more confusing, and smaller banks fear they may have the wool pulled over…
US regulators have pledged to adopt the new Basel leverage ratio, but with higher minimums, sparking concerns that US banks will find it harder to compete in repo and other businesses. Lukas Becker reports
Market participants detect new mood on cross-border issues: "The two clearing regimes aren't really compatible, but neither side wants to start a shooting war"
Open to disclosure
Repo netting criteria in the revised leverage ratio may be less forgiving than banks first thought
European proposal limits risk management tools to clearable swaps only, preventing options-based hedges