US banks step up FX optimisation push as SA-CCR looms

With swaps and forwards hit hard by new capital measure, dealers turn to vendors and bilateral restructuring

Banks-look-to-optimisation

US banks are intensifying efforts to optimise their foreign exchange swaps and forwards portfolios affected by the new capital regime for counterparty credit risk, which kicks in for most dealers at the end of 2021 and threatens to increase end-user costs for these instruments. 

From January 1 next year, US banks that have not adopted early must switch to a new measurement for counterparty credit risk capital requirements, known as the standardised approach to counterparty credit risk (SA-CCR)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here