Articles by Nick Sawyer
Risk Annual Summit: Emir rules will be binding from 2013, says Pearson
Esma doesn’t have much time to draw up technical standards, but regulators will be ‘nimble on their feet’, says EC’s Pearson
Risk Annual Summit: No answers on how to cope with CCP default, says Pearson
Regulators are looking at how financial markets could be proofed against the collapse of a CCP – but there are more questions than answers at the moment, says the EC’s Patrick Pearson
Del Missier: "status quo won't work" for long-dated trades
Dealers will have to change the way they approach long-dated derivatives business, says Barclays Capital’s Jerry del Missier
Top CROs worry about Basel III consistency
A new research report published this month by Risk reveals that CROs at the world’s largest banks are worried about the consistency of Basel III rules
Former Thomson Reuters risk business on the lookout for acquisitions, says CEO
Thomson Reuters completes the sale of its trade and risk management business to Vista Equity Partners, and the new company – called Turaz – already has its eye on acquisitions, says chief executive Bret Bolin
Risk.net poll: Basel rules make client clearing uneconomical
Fifty-four per cent of respondents say new capital rules for bank exposures to central counterparty default funds makes it unattractive to offer client clearing services
Standard CSA: the dollar dominance dispute
The dollar dominance dispute
Derivatives will be more lucrative in 2012: Risk.net poll
Respondents expect to make more money from derivatives this year, despite the ongoing eurozone crisis and regulatory change
Risk.net: Top 15 stories of 2011
Derivatives pricing, collateral and Basel 2.5 and Basel III are the most read stories of 2011
Asia’s risk professionals warn of unintended consequences of Basel III
Basel III rules may cause banks to reduce lending, worsening the economic slowdown, warn risk professionals in Asia-Pacific
Countdown to the G-20 deadline
Just 12 months to go until all standardised OTC derivatives are supposed to be cleared through CCPs – but meeting that deadline everywhere looks unlikely
SFC: wrestling with local versus international
The comment period for the joint Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) consultation paper on the regulatory regime for OTC derivatives closed on November 30. SFC chief executive Ashley Alder and executive…
New standard CSA too dollar-centric, say Asian banks
Banks in Asia-Pacific complain about dollar dominance in new standard CSA – prompting Isda to rethink its plans
Work needed to ensure regulations mesh, says SFC’s Alder
Further international co-ordination is needed if the G-20 deadline for central clearing of standardised OTC derivatives is to be met, says new SFC chief executive
Risk USA: Sifi rules would be a failure if banks don't downsize
Some banks want to be on the list of global Sifis – exactly the opposite to what the rules are intended to achieve, says former chairman of the Basel Committee standards implementation group
Risk USA: Regulators need to be wary of capital overshoot, says Roldán
Adding to Basel III capital levels might have unintended consequences, says former chair of Basel Committee’s standards implementation group
Standard CSA: Industry's solution to novation bottleneck gets nearer
New CSA, new challenge
Energy Risk Europe: regulators need to differentiate between banks and non-banks
Regulators should be wary about applying financial market regulation to all end-users, warn panellists
Risk.net poll: CCPs should have access to central bank liquidity
The majority of respondents to an online poll support central bank liquidity access for CCPs, but critics argue this would be likely to lead to the break-up of multi-currency clearers
Solvency II delay does not mean insurers can relax, says Montalvo
A delay to Solvency II implementation does not mean insurance firms can put preparations on hold, says Eiopa executive director
Video: Industry experts clash over whether to publish liquidity ratios
A Basel III conference panel disagree over whether banks should publish liquidity coverage ratio and net stable funding ratio estimates now, even though the final rules are not yet agreed
CCPs should be more transparent with margin models, say dealers
Dealers say CCPs need to be more transparent about how they calculate margin – including making their models fully accessible
CCP interoperability not achievable in near term, say clearers
CCP interoperability will not resolve fragmentation in the OTC markets, say panellists at Isda Europe conference in London
SwapClear may assist OIS development
SwapClear may assist OIS development