News
Fed’s Dudley: liquidity warnings a ploy to weaken regulation
“Most arbitrage trading has simply ceased,” Goldman exec counters
HSCEI Korea structured product losses spark regulatory fears
Potential losses for global banks and local firms estimated at $300 million
Trichet says banks must keep 'hammering' at their culture
G30 warns many banks are still lagging behind
Chinese clampdown on HFT may hinder new oil contract
Foreign firms may avoid Shanghai crude futures, some participants warn
The Clearing House takes aim at CCP risk governance
Banks call for audit trails and beefed-up role for risk committees
Chinese corporate hedging costs soar after PBoC forex clampdown
New rule leads to 400bp price hikes as companies hedge renminbi fall
India supervisor turns its attention to commodity brokers
Sebi will strengthen oversight of commodity markets
Investors redeem risky China hedge fund managers
Conservative managers have become more attractive for investors
Australian regulator may review nexus trade approach
Asic commissioner hints at reviewing treatment of nexus trades
Probes of EU energy market abuse set to jump with Remit
Launch of new reporting regime expected to spark flurry of investigations
Mifid II delegated acts shelved until November – FCA
FCA official says 14 elements of Mifid II will be held up; research row blamed
UK banks won't face FRTB capital hike – BoE official
Policy expert says most trading risks already captured under Pillar 2 framework
JSCC applies to US for exempt clearing status
Japan clearing house abandons three-year-long application to become approved DCO
Op risk needs more weight in business decisions – NY Fed
Head of op risk supervisory team views tools as 'catalysts for change'
Commodity end-users fret over shrinking number of FCMs
Costly new rules for futures brokers come under fire at CFTC meeting
Client list reveals HFT dominance on BrokerTec
Barclays and JP Morgan only banks on list of top interdealer firms for US Treasuries
Esma ‘determined’ to finalise Mifid II rules in September
Market has been expecting delay; timeline will hinge on board meeting this week
Illiquidity means some hedges are no longer possible – GE
End-users unable to execute certain trades as dealers retreat, claims swaps counsel
CCP stress tests could help buy side pick winners
BlackRock exec calls for standardised test before European clearing starts
O'Malia: US margin splits ‘very difficult’ for OTC market
Isda CEO criticises clashing rules on bilateral margin
China allows central banks to trade forex derivatives onshore
Asian nation takes another step towards renminbi liberalisation
Response to banker recklessness needs work – lawyers
Current offence under Financial Services Act 2012 is "unprosecutable"
Banks shun internal models in CVA impact study
Accounting exposures win out as banks seek to align capital with front-office practice
Banks reject NMD maturity limits in interest rate risk rules
Consultation respondents warn of reduced lending and higher systemic risk