News
Slow start to US dollar rates clearing in Japan
Dealers cite limited demand to clear foreign currency interest rate swaps at JSCC
HSCEI autocallable hedging hitting forex market, say dealers
Dealers flock to Hong Kong dollar options and forwards markets amid depeg fears
Barclays ousts head of rates trading
Yarian out after UK bank announces major shake-up of global investment banking operations
BoE reveals final element of ring-fencing framework
Systemic risk buffer aims to dampen banking sector stress
'We are all at risk' from cyber, conference told
Worry of financial firms shown by increasing demand for cyber liability insurance
Mifid II one-year delay not enough to solve problems, energy industry says
Energy firms frustrated by lingering uncertainty on Mifid II exemption
Banks weigh call for extra delay to parts of Mifid II
Some want the new regime to be phased – on top of mooted one-year delay
Eonia ‘almost meaningless’, says Eurex
Thin volumes in unsecured lending market should be a cause for concern, bourse operator argues
MetLife puts forward alternative approach to G-Sii designation
NTNI definition could be dropped from G-Sii assessment and replaced by liquidity measures, says insurer
Flip clause ruling nets Lehman estate $3 billion
Judge warns legal uncertainty remains, however
Liquidity stress test regime needs attention, say central bankers
DNB experts recommend improved market-wide and bank-specific liquidity stress tests
Algo trading feedback loops an urgent worry, Carney warns
Some traders don't understand risks of algos, BoE says
UK banks take lead in tackling conduct risk
Bank actions show how emphasis on culture and conduct has risen globally since 2011
‘Frustration’ claims unlikely to hit Libor reform
FMLC's Joanna Perkins dismisses legal concerns about benchmark reform
Duffie: regulators may push swaps market off Libor
Even reformed Libor no longer a viable reference rate, says FSB adviser
Swing pricing requires changes to '40 Act regime – asset managers
US mutual fund processes need upgrading for SEC proposals to be viable, say asset managers
Massad: let market decide what it wants from Sefs
Voice v electronic execution decision left to market participants
CFTC takes steps to clean up ‘garbage’ swaps data
Market participants frustrated at attempts to further standardise swaps in data reporting proposals
Corporates face 'disaster' on renminbi Tarfs, say traders
Some companies "may run out of cash"; regulators said to be looking at new restrictions
EU banks eye hard slog of contract changes to meet bail-in rule
Banks required to include clause exposing foreign counterparties to potential haircuts
FCA officials grilled on second communications backlash
MPs accuse FCA of failing to recognise perceived importance of dropped bank culture review
Looming EU-US deal on clearing gets cool welcome from banks
Proposed European rule change will raise risks and costs of clearing, critics fear
Revised Basel III better reflects bank risk, research finds
Study says 2013 capital rules more in line with actual risk, but can be easily gamed
Cyber is biggest operational risk fear, say practitioners
Regulator emphasis and high-profile attacks keep cyber threat top-of-mind