News
IFRS 9 loss rules distracting banks from models and data
Banks neglecting necessary work on data and model governance, warn tech vendors
European regulator hesitates on higher leverage ratio
EBA voices preference for 3%, but evidence backs Basel plan for G-Sibs
CFTC automated trading proposal worries energy firms
Companies surprised to learn they may need to register as algorithmic traders
Investors overlooking smart beta tracking errors, say experts
Few funds have tracking-error constraints, says risk institute
Banks push e-trading of OTC energy derivatives
Goldman, JP Morgan and SG lead race to add oil and gas to single-dealer platforms
Asset manager stress tests tough to implement – SEC official
Advanced risk measures such as CoVar may be too complex for some funds
BlackRock’s Novick calls for tiered ETF regulation
Vanilla and exotic products should be treated differently, BlackRock co-founder argues
Denmark to pre-empt Mifid II on inducements ban
Industry opposes 2017 implementation, which would "endanger" investor protection
People moves: Bhandari departs Credit Suisse
Citi's Boyle exits as bank poaches GS vets; Drouet replaces Fields at SG
OCC "pushing big time" for SEC-EU equivalence deal
Clearing house could lose up to 25% of its members without agreement
India’s public sector banks warming to CSAs
Bankruptcy law reform could prompt a shift in attitude at State Bank of India
People: McDermott leaving UK regulator
Woods is new PRA chief; Deutsche hires Root and Hazlewood; Santander's Hassani promoted
Banks pushing Eurex to allow hedge funds into cleared repo
Prime brokers proposing to guarantee the performance of clients’ trades
Nordic clearing members eliminate Skr288 billion IRS notional
Nasdaq Clearing’s first compression run to be continued twice a year
Citadel builds physical gas trading business
Hedge fund’s foray into gas follows bank retreat from physical commodities
CCP recovery funds would inspire risk management – JFSA
This approach would align the interests of clearing houses and their members
Australian banks fear statutory approach to TLAC
Bail-in rule for all senior debt could drive up funding costs significantly
Banks seek to counter FRTB internal model add-on
Parallel shifts and trading desk reshuffles mooted as fix for non-modellable risk factors
LCH-JSCC basis rockets for cleared yen swaps
Cost of receive-fixed swaps at JSCC jumps fivefold in a week
Mifid II transparency rules pose swaps pricing challenge
Isda AGM: dealers fear pre-trade transparency could lead to front-running of hedges
Regulatory intervention triggers complicate CCP resolution
Isda AGM: Role of supervisors will vary for each situation, say market participants
Options for tackling model risk limited, conference hears
Greater use of models means risk "has significantly increased", says HSBC's Bhaskar
Cold comfort for dealers at crunch FRTB meeting
Banks and regulators make little headway on P&L variance test
Regulators have 'keen interest' in FRTB liquidity effect
Isda AGM: Japan central banker says regulators should analyse liquidity impact of capital rules