Feature
Distributed ledger innovators imagine a world without CSDs
CSDs counter they fulfil functions blockchain cannot, and regulatory changes are needed to disintermediate them
Brexit fears stall regulatory preparations
Dealers waiting until August to implement key FRTB decisions
Barclays taps blockchain for equity swaps, options, swaptions
Regulatory capital savings offered by instant settlement of smart contracts on distributed ledgers
Dislocations highlight risks of commodity ETNs
Notes face scrutiny after problems with Barclays’ OIL and GAZ products
The academic insights behind fears of a buy-side crunch
Risk of fire sales by highly levered funds is chief worry among influencers of regulatory thinking
Standards crucial to future of blockchain
Distributed ledger technology risks fragmentation as multiple contenders emerge
Banks fear huge losses on bond repacks in Japan
Dealers and investors face multi-million-dollar hits if rates continue to slide
Basel CVA bombshell widens gulf with bank accounting
Dealers face conflicting incentives and capital hike after internal models are blown away
US wrestles with bankruptcy-based resolution regime
Political divides undermine efforts to bolster insolvency process
Strong banks, weak stocks: should regulation share the blame?
Analysts say regulatory risk plays a part in weak bank valuations and wobbly prices
US banks face questions over bad oil loans
Resilience of hard-hit regional lenders scrutinised as losses mount
Banks brace for qualitative objections from CCAR
Fed stress tests tilt towards data, governance, internal controls and modelling techniques
PRA frets about Solvency II internal model ‘drift’
Bank-style leverage ratio for insurers one option being discussed
EU benchmark proposal may hit commodity index publishers
Platts fears indexes will be ‘less robust’ due to provision on supervised entities
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