News
Second generation volatility ETPs not hamstrung by contango
Second generation volatility products are a much better investment than their previous iteration, according to one hedge fund manager – but buyers previously burnt by this asset class may be tough to convince
Structured Products Nordic Region: Sweden ‘most diverse market for underlyings’
Swedish investors are the best in Europe at taking global views when buying structured products, according to a panel at the Structured Products Nordic Region conference in Stockholm
OCC faces VAR vetting questions over JP Morgan loss
US regulator is responsible for signing off models used for regulatory capital purposes
Structured Products Nordic Region: Swedish regulator warns of information overload
Sweden's financial supervisory authority warns about standards of information, sales practices and conflicts of interest ahead of Mifid II implementation
Certificates of deposit becoming 'harder than ever to structure'
Low interest rates and equity market volatility are making it extremely difficult to structure certificates of deposit with attractive terms
Lack of local market-makers hampers the development of Asean ETFs
A reliance on external players is holding back the ETF sector in Malaysia and Indonesia
Risk & Return Brazil: BM&F Bovespa plans to integrate clearing houses
Plan to combine four clearing houses into one will result in margin efficiencies of 30-40%, the exchange estimates
Wealthy Greeks turn to offshore securities to escape redenomination risk
The massive drop in deposits held in domestic banks in Greece is partly attributable to transfers of savings into overseas accounts or securities to mitigate fears of a Greek eurozone exit and a return to the drachma
US farm lenders fear clearing will trip leverage ratio
Posted collateral cannot be used to offset liabilities when calculating farm credit banks' leverage ratio
Stripping out commission will transform UK market, says FSA's Woodall
Linda Woodall, head of investments at the UK Financial Services Authority talks about the balance between consumer protection and the need to police financial advisers ahead of the Retail Distribution Review
Asian trade finance at risk from Basel III
Paul Harrald of Standard Chartered tells Asean Risk 2012 conference that Asian banks providing trade finance services will struggle to meet Basel III rules on leverage ratios
Eurozone crisis to have limited impact on southeast Asia – Asean Risk 2012
Resilience in regional markets will insulate Asian nations from any European slowdown, say economists during Asean Risk 2012 roundtable
Asian banks disadvantaged by Basel Accord – Asean Risk 2012
The Basel III Accord has been framed purely to fix the failures in the US and European banking system and is placing an unfair burden on Asian financial institutions, according to speakers at Asean Risk conference.
KPMG UK names new anti-bribery head
Charlie Patrick will succeed Brent McDaniel in London post
Global inconsistency remains a challenge for would-be Sefs
An ongoing lack of clarity and the potential for extraterritoriality in swap execution facility rules is creating a bumpy ride towards registration, according to three putative Sefs
Emerging markets debt is the 'beta of choice' for ETF investors
Exchange-traded funds that give investors exposure to emerging markets debt are increasingly popular and funds denominated in local currencies are also on the rise
Synthetic ETF providers praised for counterparty risk efforts, but multiple model needs work
A Morningstar report says synthetic exchange-traded funds have made welcome strides in tackling counterparty risk, but transparency is still lacking in multiple counterparty ETFs
Fears that IFAs will focus on the 'super-rich' post-RDR
As the regulatory environment gets tougher for UK retail banks, some industry figures warn of an exodus of IFAs from the retail market in order to target high-net-worth investors
Finra provides more granular interpretation of suitability rule
Finra has issued a regulatory notice responding to questions about its 2010 suitability rule
Vanguard brings its physically-backed ETFs to Europe
Vanguard has launched its first exchange-traded funds in Europe with five listings on the London Stock Exchange
Internal models can cut capital requirements for longevity and mortality risk – RMS
Standard formula for mortality and longevity risk a 'crude' measure, says Risk Management Solutions
Banks must prepare for more Fatca-style legislation, experts warn
The likelihood of Fatca-style legislation from other jurisdictions means banks must be prepared
Tullett Prebon and Allianz to launch Solvency II data service
Benchmark OTC curves 'will help insurers calculate risk data for market risk models'
Facebook makes its debut as a structured product underlying
Investors in Europe have been buying structured products linked to Facebook since its stock market launch and now US investors will get a chance to do the same as the first product linked to the company's shares is registered with the SEC