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Practitioners must take risk measures with a pinch of salt
Buffett's warning on perils of volatility is well justified, argues Kaminski
European Repo Council chair threatens to call in EC over settlement times
De Vidts’ impartiality questioned due to dual Clearstream role
BoE challenged US Treasury on G-Sii status of Berkshire Hathaway
Disagreement among FSB members pointed to by BoE letter
People: Ex-Morgan Stanley exec Mendelsohn launches advisory boutique
Veteran equity derivatives banker founds London-based firm Alpima
DoubleLine warns of debt rollover risk
Asset manager plans to be liquidity provider if US credit market is distressed
Fragile markets prompt banks to rethink tail risk
BNP Paribas and BTMU tout ‘scalable’ stress testing
Ice considers moving Brent contract to avoid EU margin hike
Ice says move is “not an outcome we want to see” but Emir margin could drive users away
CFTC sent special calls by mistake, Giancarlo says
'Fairly threatening' letters caused consternation among derivatives end-users
Risk-rating structured products is a complex task
Separating market risk from credit risk in ratings methodologies makes little sense
ECB seeks end to capital carve-outs worth €130bn
On Thursday, eurozone bank supervisors will be asked to give up dozens of safe harbours
Oil collapse fails to dent zeal for hub-based gas pricing
European utilities remain eager to move away from oil indexation
What if operational risk asked more 'what if' questions?
Banks and regulators urged to up their game in stress tests and scenario analysis
Basel Committee faces hard choices in op risk modelling reform
Reducing model diversity may endanger AMA's risk management benefits
Third-party admin adoption all but complete for hedge funds
Segmentation expected between providers serving large versus emerging managers
Banks see clash in Basel's trading and banking book work
Draft rules on interest rate hedging could set back arbitrage fix, critics claim
Equity swaps clearing plans divide industry
Moves by CCPs to clear equity swaps leave market deeply divided
All change as investors favour ETFs over futures
High roll costs and inefficient tracking spark shift
UK banks hope self-discipline will ease regulatory onslaught
Industry looks to medicine and law for self-regulation models
Combine market, credit and liquidity risk simultaneously
Separate treatments can lead to underestimation of total risk
Small banks underpricing FVA, dealers claim
Dealers claim to be losing trades because smaller rivals are mispricing
Financial trading worsened oil plunge – Risk.net poll
Most respondents say paper trading had some impact, but disagree on how much
Basel cuts credit spread charge from banking book work
Charge was felt to be "too difficult to capture" without complex rules
Banks push back on CRS guidance and deadlines
Firms want more clarity and time to implement global tax reporting rules
CME has “no plans” to corner invoice spread market
Dealers still worried exchange has motive and means to create monopoly