News
Buy-side Awards 2016: The winners
ICI is best pension fund; Rothesay named top insurer; Vanguard wins asset management risk manager award
VM regime threatens explosion of small margin calls
Transfer threshold designed to avoid small payments is unworkable, critics claim
Basel still pushing for capital model floors
Bank treasurers call plan to underpin internal models with standardised floors “unmanageable”
EU could impose negative rate shocks via IRRBB rules
Banking Book Risk Summit: EBA guidance on shocks is “outdated”, says ECB official
RBS must raise £2bn after failing stress tests
Lender releases new capital plan after worst performance in BoE test
Bank treasuries grapple with IRRBB data requirements
Banking Book Risk Summit: Data from recent zero rates era not a reliable behavioural indicator
IFRS 9 to drive regulatory capital volatility, experts warn
Banking Book Risk Summit: Expected credit loss accounting will be subjective and confusing
Dealers urge further clarity on rules for ailing CCPs
New European rules stop short of defining resolution triggers
Multiple NPL models better than single models, research finds
Combinations of models produce better NPL estimates in study of Greek crisis
UK-based energy firms consider fleeing Brexit
Trading units exploring relocation to avoid “years of uncertainty”, says AFM official
Op risk family tree challenges Basel’s business line focus
Cladistic analysis shows importance of control failure, crime and fraud
IFRS 9 expected to boost options with corporates
New rules limit options volatility in P&L; some hedgers already taking advantage, banks claim
Industry friction on initial margin model backtesting
NFA said to have set 10-day standard; other regulators applying different approach
Clearers laud EC transition extension for non-EU CCPs
Absent the extension, OCC estimates extra $74 billion in RWAs for European members
Indian CCP equivalence push hits data protection roadblock
CFTC demands India’s clearing house hand over information on trades involving US persons
Industry faces crunch time on Simm enhancements
If the required new risk factors are not added on time, firms may face a more punitive look-up grid
Bailouts more likely in unequal democracies, research finds
Accountable governments face pressure to preserve banks
European NSFR revamp could save banks billions in funding costs
Commission expected to ease pressure of liquidity ratio on derivatives positions when it unveils CRD V proposals
Bankers told to lead from the top on Mifid governance rules
Structured products issuers’ strategy should reflect new guidelines, say regulators
People: CME hires new energy head for Asia-Pacific
Plus: Commonwealth Bank's new commods hire; SocGen's Ricke moves to UK; Icap's Apac appointment
SGX rules out VM haircutting in recovery planning
Hitting variation margin "inappropriate" in Singapore context, but some bankers support its use
Don’t use structured products to bet on politics, say issuers
Structured Products Europe: Panellists speak of Brexit hedges backfiring and Trump win confounding expectations
Bank merger ban key to stability, conference hears
"Hypercompetition" fatal to UK and US banks
Structured product innovation under threat, say distributors
Structured Products Europe: Regulatory burdens holding back new structures