News
Goldman Sachs and Citi aim to keep up with retail demand as equities surge
The rally in equity markets is shifting demand to principal-at-risk structured products, say US banks
JP Morgan manipulated VAR and CRM models at London whale unit - Senate report
Trading book capital measures were at heart of efforts to free up traders and reduce capital
Exchange consolidation in Asia making trading technology vulnerable to failure
Competition among exchanges in Japan is necessary to prevent systems outages such as those in the Osaka Securities Exchange earlier this month
Risk & Return Cape Town: Treasury official calls for clarity on CCP equivalence
Lack of clarity on CCP equivalency leaves South African rules in limbo, says National Treasury's Natalie Labuschagne
Risk & Return Cape Town: Dealers expect deviation from NSFR standard
Bankers say some local markets may be forced to deviate from the NSFR standard – that’s if the Basel Committee decides to go ahead with it at all
StanChart credit head describes ‘horrific’ loss of regulators’ trust
Banks must repair relationships with regulators, Scanlon says
JP Morgan creates regional CRO roles
Europe and Asia operations get their own chief risk officers
CFTC's Gensler defends swaps vs futures margin disparity
Forthcoming Sef rules will not address margin concerns raised by Bloomberg
Regulatory uncertainty 'a barrier' to issuance of contingent capital by European insurers
Lack of clarity on Solvency II dampening investor interest, while Swiss insurers reap benefits of stable regime
Banks claim €300 billion hole in margin study
Banks call for Basel Committee and Iosco to rerun study on impact of uncleared margin rules after errors emerge
Esma says national regulators must decide product eligibility for third-country CCP transition period
The European Securities and Markets Authority has addressed some of the concerns over which third-country CCP platforms and products are eligible for the transitional period, which begins on March 15
OCC deputy urges banks: take resolution planning seriously
Banks need to implement resolution planning throughout their framework, regulator tells convention
FSA director blasts BoE for failings in lead-up to financial crisis
Staff at the Bank of England were ill-equipped to deal with the crisis because they weren't working together, UK regulator tells convention
Risk Johannesburg: JSE ‘monopoly’ hurts liquidity, says Investec exec
Regulators should open up listed derivatives market by encouraging dealer liquidity pools, algo trading expert tells conference
Bank of Japan derivatives purchases threaten already low equity ratio
The BoJ's latest inflation targeting weapon could challenge its balance sheet strength
Designation of systemically important insurers hit by delay
Publication of list pushed back from April
Bloomberg threatens to sue CFTC over swap futures margin
Futurisation sparks struggle between exchanges and Sefs. Bloomberg fears "irreversible harm"
Metro Bank appoints chief risk officer
Aileen Gillan replaces Mike Hudson as CRO
Risk Johannesburg: OTC data fragmentation prompts concern
South Africa's financial stability head warns it will be difficult to make use of data spread across multiple repositories – but South Africa may still set up its own database for rand-denominated trades
Hedge funds fall short on compliance
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
Berkovitz leaves CFTC
CFTC veteran legal counsel to depart end of March
Uncertainty over Emir may force European banks from some Asia OTC markets
The deadline is approaching for regulators to establish what European banks can clear and where on Asian CCP platforms ahead of OTC market standards going live from March 15
Swap futures margins may be underestimating risk exposures
A difference in margin approach between swaps and futures may mean the latter are not assessed on their level of riskiness
Regulatory certainty required for Basel III bond uptake in India
Indian banks are in need of regulatory compliant capital instruments – but domestic investors are wary