News
Japan struggling with negative rate impact on swaps
Dealers facing issues with collateral interest payments and loan mismatches
Internal model use may decline under FRTB, banks say
"The jury is still out on whether internal models are worth the effort" – HSBC's Jenkins
Just 3% of bonds deemed liquid in EC's Mifid II phase-in plan
Staggered implementation of transparency regime could allow further easing of regulation
India joins global move to tighten CCP capital standards
Putting CCP capital on the front line is a prerequisite for the EU granting clearing equivalence
Default risk floors threaten €72bn of RWAs in EU
Risk.net analysis finds PD floor would hit a swath of low-risk corporate loans at the biggest EU banks
End-users debate CFTC automated trading rule
Representatives of energy and agriculture firms clash over Regulation AT
Aussie market clearing well ahead of April mandate
Largest onshore derivatives dealers already caught by US and European rules
Wells Fargo hires senior gas trader from Mercuria
Other hires at Cargill, Millennium Management and Xcel Energy
Priips performance scenario rules under fire
New rules needlessly confusing, say distributors
Correlation of op risk losses could send capital soaring
BB&T auditor's model shows capital measured by LDA might be pushed up by 16–55%
EU 'blocked' on trading desk separation plan
European Parliament cannot agree on bank structural reform to tackle the too-big-to-fail issue
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