Foreign exchange/Risk management
Still shackled
Asia Risk FX Review & Outlook 2009 - Currency controls
Fit for forex
Asia Risk FX Review & Outlook 2009 - Trading systems
Blossoming interest
Asia Risk FX Review & Outlook 2009 - Cover story
US Treasury outlines OTC regulation plan
The Obama Administration has proposed a regulatory framework for all over-the-counter (OTC) derivatives contracts.
Cebs: Bank stress-testing results to remain secret
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Geithner calls for law change to force OTC derivatives clearing
The US Treasury called upon Congress yesterday to amend the Commodities Exchange Act (CEA) to compel the "clearing of all standardised over-the-counter derivatives through regulated central counterparties".
Industry believes better regulation could have averted crisis
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Ambac makes $1.539bn derivatives gain
Ambac reported a massive $1.539 billion mark-to-market gain on credit default swaps (CDSs) in the first quarter – an upswing largely due to its own deteriorating financial condition.
UK Treasury: "vital" to expand resolution powers for investment banks
The UK government needs to update its approach to resolving failed investment banks in the wake of the collapse of Lehman Brothers in September last year, according to a Treasury report published today.
Ten US banks fail Geithner's stress tests
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FSA wants more effective risk governance
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FDIC's Bair calls for the creation of a Systemic Risk Council
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Primus explores new CDPC model
Primus Guaranty, the Bermuda-based credit derivatives product company (CDPC) and asset manager, is looking into the possibility of setting up a new entity to sell credit protection, but unlike its existing business model, the new venture would post…
Uncertainty remains over EU securitisation retention charge
The European Union (EU) is pressing ahead with plans to amend the Capital Requirements Directive (CRD), but has failed to reach consensus on its controversial plan for a 5% securitisation retention charge.
La Meer launches integrated operational risk software for hedge funds
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Credit derivatives market will follow equity's lead, strategist says
After the collapse of securitised products over the past two years, the credit derivatives market is likely to become more similar to the equity derivatives market, according to Sivan Mahadevan, global head of equity and credit derivatives strategy at…
Simple structures
An increase in risk premiums on sovereign debt is giving banks a headache in pricing certain credit-related structured products. Investor appetite for such deals is in evidence, but mainly for simple, unleveraged products. Sophia Morrell reports
Column: Charles Cronin
Flawed models, conflicts of interest, ineffectual leadership: the rating agencies have emerged from the financial crisis with little credit, and reform may strip them further of their influence