News
Small banks underpricing FVA, dealers claim
Dealers claim to be losing trades because smaller rivals are mispricing
ABA hits out at minimum capital floor proposals
Australian banks say minimum floor will reduce risk sensitivity of the Basel framework
Financial trading worsened oil plunge – Risk.net poll
Most respondents say paper trading had some impact, but disagree on how much
Basel cuts credit spread charge from banking book work
Charge was felt to be "too difficult to capture" without complex rules
LCH warns on CCP ‘auction risk’
CCP stress tests should consider possibility of failed auctions
CME has “no plans” to corner invoice spread market
Dealers still worried exchange has motive and means to create monopoly
CCPs urged to coordinate on default management
Regulators may need to provide a framework for CCP interaction
Pressure builds on CFTC to outlaw post-trade name give-up
Controversial practice will not ‘go away’ without action from regulators
Consumers exceeding bank credit lines slows oil hedging
Many have large unrealised losses from trades in second half of 2014
Bundesbank's Dombret: shadow banking oversight is “miles away”
Regulators may never be able to fully monitor risks created by shadow banking
IEA, IEF and Opec probe role of markets in oil crash
Impact of US shale, speculation and bank commodity exits high on the agenda
Oil indexation battle continues despite oil collapse
Europe’s utilities still pushing for hub-based gas prices amid oil rout
EU infrastructure funding risks ‘crowding out' insurers
Strategic fund could force down yields, says Insurance Europe
Banks in India face CVA fees double European levels
The RBI's use of a conservative standard CVA approach is overly prudent, say dealers
French regulator bears down on unlicensed brokers
Autorité des Marchés Financiers aiming to prevent losses among speculative investors
China banks ready for tougher leverage ratio rules
State-owned and private banks already above 4% standard regulators are introducing
UK stress tests to cover trading book illiquidity and FVA
Bank of England to apply price shocks based on unwind periods
US Treasury’s cyber chief lays out cyber security blueprint
Julia Philipp recommends targeted defences, data sharing and response planning
Too many questions in Basel floor plans, industry claims
While standardised rules are being revised, banks say they can't make a call on floors
Op risk analysis underrates human behaviour – Fed examiner
Risk managers urged to focus on group dynamics
Nouy: Europe should keep 3% leverage ratio
SSM chair also wants to end rule opt-outs that make banks "look stronger than they really are"
Op risk management has tangible benefits, firms claim
Advantages include lower costs and capital
High KRX clearing fees driving won swaps offshore: Bank of Korea
Central bank says dealers are moving trades offshore to avoid KRX's high cost
Basel scraps plans for final trading book QIS
Banks fear regulators will not have enough data to draw up sound rules by year-end