Feature
IAIS under pressure to learn from FSOC mistakes
G-Siis see MetLife opinion as strengthening their case against aspects of international regulation
Mifid II transparency rules shake up bank commodity desks
Role of voice set to dwindle, while e-trading sparks worries of predatory algos
Banks to ramp up credit risk if Basel scraps internal models
Lobbyists warn banks will add more high-yield debt if forced to follow standardised approach
South Africa structured product boom raises concerns
Issuance gallops ahead amid higher rates and weak rand, but some are wary
Banks seek to make op risk taxonomies less taxing
Difficulty of devising and implementing taxonomies leads major banks to start sharing ideas
US fiduciary rules could clear path for structured products
Issuers could benefit from new Department of Labor regulation
Insurance Sifi rules squeeze the balloon on US annuities
Non-bank Sifis continue to sell assets, despite MetLife's court win
Totally skewed: US annuity hedges magnify S&P volatility
Dealer hedging of popular retirement products affecting index greeks, say traders
Banks struggle to crack 'very complex nut' of IFRS 9
Move to expected loss impairment regime brings major challenges, say banks and accountants
Buy side targets leverage cap in SEC derivatives plans
AQR says its managed futures fund could suffer larger drawdowns under new rule
US public pensions failing on operational risk
Outdated systems and lax controls expose pension plans to 'operational failure'
End-users shun ‘broken’ US swap market
Negative swap spreads forcing hedgers to look for alternative instruments
Falling budgets are top IT worry for energy firms
Tech spending by energy trading companies is set to plummet in 2016, survey finds
Post-Libor squeeze could stifle benchmarks, industry warns
Obligations set to mushroom for administrators and contributors
Banks brace for assault course of FRTB implementation
Dealers face test of endurance to win model approval and avoid penal standardised charge
European dealers wrestle with corporate CVA changes
Banks say prices already diverging; CDS market could be impacted
Spot market for Asian LNG gaining momentum, traders say
Retreat from oil indexation fuels emergence of regional price markers
US end-users risk tax hit in move to daily settled swaps
Changing treatment of variation margin could benefit banks, but hurt clients
Traders shocked by $712m CVA loss at StanChart
Bank’s new methodology has been used by some rivals for more than a decade
Life firms irked by patchy matching adjustment approvals
UK regulator could have been more clear about success of bolder submissions, say advisers
CCPs face pressure to deal with cyber security threats
Regulators and clearing members urge central counterparties to do more to guard against attacks
Beyond Libor: what reform plans mean for swaps users
Big bang still an option in plans to propagate new benchmarks
Accounting puts brake on move to daily settled swaps
New margin approach threatens hedge accounting status, could hurt effectiveness
Banks grapple with ‘unprecedented’ vendor risk rules
Firms cutting numbers of vendors and hiring more staff to oversee third-party relationships