Iran
FCMs held record customer funds on eve of Iran war
F&O funds climbed 6% in February as seven brokers set new records
Polytechnique’s Lehalle on bottleneck models and Hormuz closure
Iran conflict raises a now-familiar problem, says quant: how to predict which goods go where
Iran conflict squeezes hedge funds’ short inflation bets
Rising gas and oil prices have sent headline inflation soaring with some funds being stopped out
Hedge funds stopped out on euro steepener amid Iran conflict
Gas price rises flattened 10s30s euro swap spread, forcing investors to cut positions
Iran strikes a stress test for CCP margin models
CME’s Span2 and Ice’s IRM2 are performing as advertised. The next few days could test their mettle
Iran conflict forces EM carry trade unwinds
Surging oil prices, rising vol and dollar flight triggered stop-outs of emerging market positions, say dealers
Op risk data: GVA and Nobitex in geopolitical risk strikes
Also: UBS chief a target of third-party data hack, internal bank frauds in Asia. Data by ORX News
Why Iran tensions failed to rattle markets
Despite initial fears, traders say risks were signposted and investors had deleveraged after April
Op risk data: Barclays bungles multi-billion-dollar note issue
Also: Russia sanctions redux; Lloyd’s of London names bullying and sexism brokerage. Data by ORX News
To offset US sanctions risk, banks bake in China loan clauses
Global lenders seek to hedge against the threat of US sanctions on China – which seems unlikely to ease under Biden
Growing sanctions raise compliance risk for energy firms
Sanctions increase risk for energy firms as regulators step up enforcement, writes maritime data expert
Top 10 op risks 2020: geopolitical risk
Nationalism, trade wars and epidemics make for a heady cocktail
Top 10 operational risk losses of 2019
Fraud, embezzlement, tax evasion, subprime (still) and rogue trading – and Citi crops up twice. Data by ORX News
FBI sees steep rise in state-sponsored cyber theft
Risk USA: Impact of US sanctions driving theft “to fund coffers”, says special agent
Energy firms grapple with rising customer risk
A case study on developing dynamic risk-based customer screening
Burden of implementing US sanctions now firmly on energy firms
Energy firms must now screen operations of every vessel they deal with, writes maritime data expert
Trade finance under new stress as commodity markets realign
Higher tariffs, sanctions and Brexit are leading to a reassessment of trade finance arrangements
End of sanctions offers chance to fix Iran’s banking sector
Complex political situation makes reform more challenging
Best financial crime product: Swift
Swift offers firms assistance in avoiding entities and individuals hit by sanctions
Iran deal takes sanctions compliance into unfamiliar territory
Banks likely to be cautious even after trade restarts
Handling the risks of a newly aggressive sanctions regime
International banks must exert more care on dollar transactions
Compliance culture an issue for non-US banks, expert warns
Foreign banks struggling to comply with US rules, as BNPP fine shows
No penalties for JP Morgan over $6 billion risk management failure and AML shortfalls
US regulators issue penalty-free consent orders, while the FSA promises investigation
Top 10 op risks: IT sabotage
Top 10 op risks: IT sabotage