News
Taiwan’s trade repository setting up reporting agreement with DTCC
Taiwan, home to Asia’s first trade repository, is looking to ink a reporting agreement with DTCC
Isda AGM: Gensler confident clearing location requirements will not be imposed
Regulators are unlikely to insist local currency trades be cleared domestically, says CFTC chair
Isda AGM: No need for Sef Clarification Act, says CFTC's Gensler
Dodd-Frank requires transparency for derivatives trading, CFTC chair says - and final Sef rules will reflect that
Isda AGM: CCPs invited to join determinations committees
Central counterparties have been invited to join the Isda credit determinations committees – but they will not have a vote
Isda AGM: CCPs fear clearing stampede
Market participants now have months, rather than years, until the Dodd-Frank clearing mandate takes effect - and CCPs are worrying about a last-minute rush
Isda AGM: Margin regime ups liquidity risk, buy-side firms warned
Collateral demands will be pro-cyclical - rising as markets become stressed - and will be generated by uncleared as well as cleared trades, DE Shaw treasurer tells Isda conference
Isda AGM: Euro crisis drives up collateral, finds survey
Trouble in the eurozone is increasing collateral in over-the-counter derivatives market, according to Isda
Isda AGM: Deadline for global uncleared margin proposals likely to be met, says panellist
A Federal Reserve deputy associate director says he is confident regulators will meet a June deadline to draw up a consultation paper on global margin standards for uncleared trades
Isda AGM: Early warning system for systemic risk a 'huge challenge', says panel
The Office of Financial Research is charged with supplying data to help US regulators assess potential risks to the financial system, but Isda panellists express scepticism over what data should be used
Isda AGM: E-trading should be a choice, says O'Connor
Removing voice as an option would leave clients facing execution risk, says Isda chair Stephen O'Connor - but some buy-side firms see it differently
Fixed-income investors face greater risks from inflation than deflation, warns iShares
The evaporation of fixed-income yield is set to look even more pronounced when account is taken of inflation expectations, according to an iShares report
South African investors shun non-domestic banks
Market turbulence has made investors in South Africa wary of international banks
Credit Suisse speeds up synthetic-to-physical ETF conversion
Credit Suisse is converting more of its synthetic exchange-traded funds to the physical model, which happens to be favoured by the Swiss Financial Markets Association
On the move
On the move
Isda AGM: ‘Life as we know it will change,’ says O’Connor
New regulations will help reduce systemic risk, but changes need to be made to certain parts of the rules, Isda chairman says
MSCI reintroduces Saudi Arabia indexes
The Saudi Stock Exchange (Tadawul) has allowed MSCI to create and issue Saudi Arabian domestic equity market indexes
HKMA strikes a cautious note on territory’s banking sector
Hong Kong Monetary Authority concerned about continued credit expansion in the territory and contagion risk from the European sovereign debt crisis
New deputy enforcement head at SEC
New York office chief George Canellos moves to Washington, DC
Governments should support development of longevity risk market – IMF
Governments should support development of longevity risk market – IMF
Slow progress on Solvency II internal model validation threatens approval, FSA warns
Slow progress on Solvency II internal model validation threatens approval, FSA warns
Record Q1 for cat bonds as pension funds increase capacity
Record Q1 for cat bonds as pension funds increase capacity
Dutch regulator to begin Solvency II test on insurers
Dutch regulator to begin Solvency II test on insurers
RBS head of EMEA & LatAm equity derivatives and structured products sales departs
Andrea Sozzi Sabatini, head of equity derivatives and structured products sales for EMEA & Latin America, and also the chief sponsor for ETFs within the UK bank, has left after his position was put at risk of redundancy.
US Treasury’s FX exemption hangs in the balance
A year after the US Treasury's proposed regulatory exemption for FX swaps and forwards, the position has never been confirmed - and some believe it may be reconsidered