News
Derivatives start-up aims to cut costs at margin hub
Ex-Morgan Stanley bankers’ offering aims to reduce daily collateral flows that currently top $200bn
EBA: small banks will be worst hit by IFRS 9
Standard approach banks disadvantaged by higher capital impact and implementation burden
SG buys $1.3 billion Japan CDS portfolio
French bank strengthens position in Asia
Trump victory raises questions over future of FSOC
Risk USA: Former FSOC official cautions against scrapping supervisory council
Clients should prepare to pay MVA costs, say dealers
Risk USA: Banks say new trades and novations create real funding costs
SEC liquidity rules could punish larger funds
Risk USA: funds that have grown too big for their strategies could be exposed
Bankers confident on local adoption of Basel IRRBB rules
Risk USA: US, EU regulators expected to implement new framework consistently
Citadel exec laments fragmentation of US Treasury liquidity
Risk USA: New trading venues decrease price transparency, says Nicola White
Fed adviser defends US Libor alternatives
Risk USA: GC repo and OBFR are still viable reference rates, says David Bowman
FDIC’s Hoenig rounds on Europeans over Basel stand-off
Risk USA: Senior US regulator criticises focus on capital neutrality
Trump win forces rethink of investment risk assumptions
Risk management preparations confounded by day that shifted from risk off to risk on
Industry applauds 12-month Priips delay
Firms say Mifid alignment will minimise legal risks of key information documents
Trump victory: market whipsaw could spell exotics losses
Seesawing markets prompt speculation of big losses for structured product issuers
Dodd-Frank reforms tipped to survive Trump presidency
Risk USA: speakers split on whether new administration will ease regulations
O’Malia: renegotiate VM docs now to avoid March mayhem
Risk USA: variation margin deadline much tougher than September 1, Isda chief warns
R3’s Rutter: swaps will trade on blockchain in five years
Risk USA: first distributed ledger products could hit the market in 2017
Trump victory boosts FX volumes and uncertainty
Activity in interbank forex set to exceed levels seen after UK referendum and Swiss franc shock
Simulated banking system shows pros and cons of Basel III
Stability improves, but higher capital requirements also cut lending in new research
FRTB: banks fearful of risk transfer missteps
Short credit and equity positions held in banking book will be caught by market risk capital requirements
CFETS joins R3-led project
Number of participants rises above 60 since September 2015 launch
Brexit will hit equivalence decisions, warns Iosco chair
Asia may face harder negotiations with EU as result of Brexit
Commerz to spin off structured equities, scale back exotics
German bank offers more detail on plans to retreat from derivatives and bond trading
US inflation traders consider swap methodology change
Banks weighing up move to non-interpolated standard to cut capital costs
Mifid II impact on energy liquidity sparks fiery debate
Regulators and industry clash over interpretation of Mifid II market-making rules at industry event