International Swaps and Derivatives Association (Isda)
People: New Asia-Pacific legal head for CME
Nikko Asset Management's new risk chief; Credit Suisse hires in Asia; Listorti leaves ANZ
Isda general counsel David Geen departs
Geen stepping down after a decade at trade body
Flexibility a sticking point in buy-side resolution stay protocol
Firms want a choice of the counterparties covered, regulators are opposed
Goldman Sachs’ Frankel departs
Veteran derivatives markets exec says he may continue work on risk and margin projects
Isda and FIA urge phased implementation of Mifid II
One-year delay to new regime will not solve data problems, industry argues
EU-US clearing deal ‘good enough’ to avoid CME exodus
Banks had planned to quit US clearer on February 21
FSB’s Andresen: liquidity risks were underpriced pre-crisis
Top staffer at FSB addresses liquidity, bank risk data and securities financing risks in a wide-ranging interview
Law firm of the year: Cadwalader, Wickersham & Taft
US law firm proposed relief to Tob programme, and won mandate to develop rule change
Banks unyielding in contract talks on clearing
European buy-siders that leave clearing-contract talks too late could be told 'take it or leave it', lawyers warn
Singapore rates benchmark error causes CCP split
Refixing in March led to price difference between LCH and SGX
Dealers warn of hit to Asia from short margin transfer times
Japanese firms and Isda call for T+3 for cross-border uncleared swap trades
FRTB: the nightmare before Christmas
Unwanted gift will be delivered, say regulators, and only its size is up for debate
China approves Isda framework for central bank forex trades
Debut for international standard agreements in China
FDIC margin rule hands pricing advantage to EU banks in Asia
European and US regulators differ in their treatment of inter-affiliate trades
Repo stay extension raises questions for buy side
Resolution stays extended to repo and securities lending contracts
Isda escapes CDS case pledge to help CFTC
Association still faces licensing overhaul as part of pending settlement
JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shirakawa says remaining differences make this more important
Global banks support 5% threshold for margining uncleared swaps
A lack of netting statutes and low volumes make requirements excessive for emerging markets
CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed to liquidity risk, says CFTC commissioner
Trading book QIS: residual risk is 'killing everybody'
Residual risk add-on more broadly applicable than first thought under Basel rules
Clearing houses reject standardised 'skin in the game'
Overly punitive requirements on CCPs could skew incentives
Russia to de-link derivatives reporting and netting
Corporates may be drawn into reporting regime, however
Esma's Mifir endorsement of ISIN identifiers questioned
Markit and Bloomberg claim Red codes and Figis should be used for trade reporting
O'Malia: US margin splits ‘very difficult’ for OTC market
Isda CEO criticises clashing rules on bilateral margin