Custody top story
Buy-side swaps use set to decline, survey suggests
Almost 60% of asset managers expect interest rate swap volumes to fall
EC tackling final questions on CCP resolution
Proposals on how to cope with a stricken clearing house due later this year
Repositories call on Esma to help fix Emir reporting problems
Proportion of reports that can be paired up is “very, very low” says DTCC exec
SwapClear dealers cede control as CCP seeks Emir approval
Clearer’s founding banks – OTCDerivNet – no longer have powers of direction
CFTC close to setting out DCO exempt pathway for foreign CCPs
US regulator poised to release alternative regime to DCO licence
Basel exposure limits raise questions for client clearing
CCP exposures not in scope of new regime, but clearing members are
Esma frontloading fix leaves risks, dealers warn
UK MEP Bowles hoping for "constructive response" from EC
Maijoor: EU-US segregation clash ‘not a simple issue’
It is not clear that European rules will permit firms to use US collateral protections
Northern Trust heads global custody mandate wins
Annual survey of top 50 deals sees $412 billion awarded
Custody Risk Summer 2014
Editor's comment - People power
UK FTT objection may restrict instruments to be taxed
EU11 Finance Ministers meet May 6
Pension funds weary of interest rates high-wire act
Funds ought to reduce hedge ratio as rates rise, but are scared of acting too soon
FCM models for CDS portfolio margin "varied widely"
Finra says year-long approval process revealed "notable outliers"
Growth of booking entities seen as swap liquidity threat
Cumulative capital impact will weigh on big market-makers, academic warns
BNP Paribas affirms global expansion plans
Custodian has “aggressive” acquisition target
Clearing costs creep up for clients
FCMs said to be struggling to turn a profit
CFTC urged to ‘slow down’ on packaged trades
Market not ready for Sef relief to lift on May 15, panellists claim
End-users say non-cleared margin rules will hit hedging
New regime will "make the world safe for banks, but not safe from banks"
Buy side urged to share risk of CCP collapse
BlackRock and Citadel say all participants should accept exposure
Regulation greatest barrier to African derivatives exchanges
Technology shortfalls and lack of liquidity compound challenges
DTCC says phased Asia trade reporting process smoother than in Europe
Challenges remain around secrecy provisions
Esma’s Maijoor: Frontloading rule due in weeks
Esma recognises pricing uncertainty caused by frontloading, chairman says
Euroclear criticises non-neutral industry utilities
Major CCPs part of profit-maximising, exchange-owned entities
US end-users are losers in swaps liquidity split
US participants "are not able to access" full breadth of liquidity, says Tradeweb CEO