News
Looming global rules raise pressure to improve tax reporting
Financial firms struggle with Fatca even as far wider CRS is imminent
Capital hit from death of 0% sovereign weight 'not enormous'
Banks would have to raise equity equal to 0.7% of current levels, ESRB finds
Standard stress tests could create more risk, CCPs warn
Diverse products and risk profiles make standardised stress testing difficult
CCPs raise alarm on South African OTC reform
Push for CCPs to establish domestic presence riles LCH and CME
Industry questions FCA's structured products proposals
Lack of standardised model could mean different projections for identical structured products
People: OCC rings the changes amid revamp
Two senior execs and two independent directors join equities clearing giant
PRA reviewing need for new accounting at UK banks – Carney
Bank accounting has improved in past two years, BoE governor tells hearing
Massad: CFTC will not challenge CME invoice spread rule
No progress on SLR changes, but ‘good chance’ of uncleared margin deadline extension
Iron ore depreciation boosts options market
Options now account for 60% of total open interest on SGX's iron ore derivatives
Basel will address leverage ratio threat to clearing
FAQ document to tackle treatment of segregated initial margin
SG hires Asia strategists in credit and rates, and other recent job moves
Job changes in the derivatives, regulation and risk industry throughout Asia
Citadel shaking up swaps competition
Chicago firm is now a top-four market-maker on US swap platforms
People: Barclays reshuffles quant team
Piterbarg departs, replaced by Marco Naldi; Traiana's Coyne-Solinger saga climaxes; BAML shakes up structured credit team; Tradition hires John Wilson
SunGard unveils clearing utility as FCM exit fears grow
Barclays is first client for service that promises 20% savings for FCMs
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
Goldman and Citi defy gravity on commodity VAR
Two banks' commodity VAR stays about the same or increases from 2012–14
Pension funds sign hedge-only agreements with banks
Cardano and PGGM promise not to give banks speculative trades
Infographic: PPI costs wrong-foot UK banks four years on
Lloyds, Barclays, RBS and HSBC still topping up provisions
Discounting change magnifies HSBC FVA loss
UK bank's funding charge jumps 75% to $460m
EU exit not disastrous to UK investors: Lamont
Black Wednesday chancellor says turmoil fears following UK withdrawal overblown
Op risk capital would double under Basel's RSA proposals – ORX
Proposed revised standardised approach would hit big banks hardest
Capital charges no obstacle to infra investment – Montalvo
Regulator: poor risk-return the real barrier to insurers becoming more active
China grants first cross-border OTC derivatives licence to Citic
Securities house becomes first onshore firm licensed to trade with offshore dealers
CME price limits caught out by Swiss franc surge
Exchange bins month-old rule after it led to huge spot-futures basis