London and New York - Banks and asset management firms are moving forward with improvements to derivatives clearing and settlement operations, but volatile markets, regulatory uncertainty and shifting political sands are taking their toll.
The world's major financial services firms agreed in October 2008 to a range of improvements to the way clearing and settlement of over-the-counter derivatives are handled in a letter to the Federal Reserve Bank of New York. Regulators demanded changes after p
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Industry hails potential US relaxation of margin timing rules