News
Flurry of deals as big asset managers target stakes in hedge funds
The past couple of months have seen six established hedge funds sell minority stakes to large fund managers, including Neuberger Berman and GAM
Concerns over restrictions in matching adjustment assessment
Long-term guarantees impact assessment begins, but 'disappointment' over narrow eligible assets for matching adjustment
ESRB fine-tunes macro-prudential toolkit
The ESRB slims down its proposed macro-prudential principals to focus on 15 key macro-prudential levers
BoJ target leaves Japan inflation swap market unmoved
Doubling Japan's inflation target has been viewed as a big deal internationally but players on the ground say the impact on the domestic inflation market has been limited
Risk.net poll: Regulators not giving enough information
The vast majority of respondents feel regulators have not provided them with sufficient information to implement new derivatives rules
Hong Kong retirement funds may be exempt from Fatca
The largest pension schemes in Hong Kong can potentially be exempted from Fatca after being judged by the US to be low risk for tax evasion
Isda seeks to dispel speculation myths with commodity website
Isda turns up the volume in controversial debate over commodity speculation and position limits
Incapital pulls plug on UK market as IFA distribution model proves difficult to crack
Distributor halts offerings in the UK after finding US model unsuited to this side of the Atlantic, say industry sources
CME launches three-year CNH futures contract to meet dim sum bond hedging demand
CME to offer CNH futures from February 25; becomes second provider after HKEx launched CNH futures contract last September
Basel RWA review said to show banks 'many multiples' apart
Regulators are bracing for fresh criticism of bank capital modelling, say industry sources
Concerns remain over contingent capital, legal experts warn
CoCo bonds continue to provoke concern, despite clear investor appetite
Obama appoints White as head of SEC
Mary Jo White to replace Elisse Walter, following Schapiro’s resignation in December 2012
CBU director of policy to quit FSA
Sheila Nicoll to leave in April when the FSA transitions to the FCA
Global margin standards face further delays
Proposals to collateralise non-centrally cleared derivatives could now be subject to further consultation and impact assessment, having missed the original end-of-2012 deadline
New risk-free rate calculation for long-term guarantees test
Higher credit risk adjustment to reflect current market conditions
Insurers to chase liquidity premium in 2013 – BlackRock
Exposure to collateralised loan obligations, infrastructure finance and high-yielding bank loans set to increase
EU Parliament poised to reject two Esma technical standards on OTC derivatives
Parliament is unhappy with the treatment of corporate end-users, and could require Esma to redraft standards
Iosco-SEC spat dims hopes of new regulatory framework
SEC slaps down Iosco report, undermining hopes for a new approach to cross-border regulation
Diapason launches hedge fund strategy playing energy arbitrage opportunities in liquid futures
Independent commodity asset manager Diapason Commodities Management is launching a hedge fund trading spreads between commodity future contracts using a proprietary model of the refining industry.
Philippine central bank NDF curbs won’t stop peso appreciation
Attempts by the Philippine central bank to curb increases in the value of the local currency won't work, according to market observers
SEC names market intelligence head
Vincente Martinez returns to succeed Sporkin
Exchange-traded products expected to benefit from increased risk appetite
Exchange-traded products expected to benefit from increased risk appetite
Omnium distribution platform suited to life under RDR, says Meteor
No commission for IFAs enables new platform for Meteor
NAIC appoints new chief executive
Former Nebraska senator to lead US regulatory body