News
SNB faces battle to maintain franc currency floor
Swiss National Bank pledges to set minimum euro exchange rate at Sfr1.20, but analysts express concern over central bank’s ability to maintain exchange rate floor
Australian regulator moves to implement Basel III two years early
The Australian banking regulator has proposed the country’s banks meet new Basel III capital and liquidity rules two years ahead of G-20 commitments. The proposal has drawn immediate criticism from the Australian Bankers’ Association
First Bribery Act prosecution low-key test for new law
UK's first case brought under the Bribery Act provides an anti-climatic start to the new regime
LV= appoints Haynes as chief risk officer
Steve Haynes takes up chief risk officer post at LV=
Carbon tax here to stay: Alberta energy minister
Alberta, Canada, home to the world’s third largest oil reserves, will await further federal government moves before upping its own emissions limits or developing a carbon cap-and-trade scheme
SwapClear may assist OIS development
SwapClear may assist OIS development
Structured Products Asia 2011: FX-linked products to grow in Hong Kong
Currency-linked structures likely to become more popular in Hong Kong with retail investors. But take-up of volatility products is still muted despite erratic markets due to concerns about complexity, panellists say
Deutsche Bank tops Risk interdealer rankings
Deutsche claims top spot for third year running, with JP Morgan a close second
Market fragmentation "inevitable" if CPI-linked gilts issued, says DMO chief
Key question is to what extent fragmentation could affect liquidity of new instrument, says chief executive of the UK’s Debt Management Office
Volatility of volatility spike drives options liquidity squeeze
Volatility of volatility spike drives options liquidity squeeze
People: Citi ramps up listed and OTC clearing
Citi ramps up listed and over-the-counter clearing
Trading positions - September 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Political pressure will come to bear on US margin rules – Risk.net poll
More than half of respondents expect regulators to back down over extraterritoriality application of margin rules
Structured Products Asia 2011: ‘Copy and paste’ KFS not good enough, says SFC’s Law
SFC policy director says some product issuers still provide inadequate key facts statements
News in brief
News in brief
US pension regulation reform will increase focus on risk management
US pension regulation reform will increase focus on risk management
Dutch pension reforms could cause unwinding of swap hedges
Dutch pension reforms could cause unwinding of swap hedges
IIF warns Solvency II risk charges may lead to imprudent asset allocation by insurers
IIF warns Solvency II risk charges may lead to imprudent asset allocation by insurers
EU Parliament adds to calls for Solvency II delay, but uncertainty remains
EU Parliament adds to calls for Solvency II delay, but uncertainty remains
Major disagreement over commodity trade repositories
Multiple plans to open trade repositories fuel concerns
Commodity trading data leak relights speculation debate
Commodity trading data leak relights speculation debate
India’s CCIL set to become currency options trade repository
The Clearing Corporation of India is already well ahead of rivals in Asia when it comes to receiving OTC interest rate derivatives data. It now looks set to become the country’s trade repository for non-rupee currency derivatives, as the clearer moves to…
RBS launching gamma hedging algo for forex clients
New algorithm is designed to automatically hedge gamma sensitivity of foreign exchange options
Mexico’s hedging programme gears up for 2012
This week Mexico’s Congress will begin to debate the price at which the country hedges its oil exports next year