Italy
Dexia official acquitted of alleged swaps fraud in Italy
City of Prato likely to appeal despite perjury claims
Dexia faces fraud charges over ‘hidden costs’ in swaps deal
Italian fraud trial could spell trouble for other banks providing municipal swaps contracts
People: CFTC picks enforcement and legislative affairs chiefs
Other changes at Eni, Societe Generale, Danske Commodities, Glencore, Global Coal, Six plus more
Draghi’s euro-exit redenomination hedge
Marcello Minenna says new ECB policy effectively hedges QE bond purchases
Financial distress pre-warning indicators: a case study on Italian listed companies
This paper focuses on the ability of accounting ratios to predict the financial distress status of a firm as defined by the law.
Hedge funds seeking cheap hedges for Italian referendum
Buy side turning to Brexit-inspired hedges for political tail risk
Capital hawks advocate bail-in flexibility for Italy
As stress-test results loom, experts say tackling legacy loans should take priority over bail-in purity
Doomed loop: Europe gets creative on sovereign bond risks
Political and prudential risks in huge bond-holdings force experts to consider new ideas
After Milan: how Italian law treats muni swaps
Dealers in Italy run risk of “unpredictable legal conflicts”, warn lawyers at Norton Rose
Italian dealers hope tide will turn after tricky 2015
Risk Italia Rankings 2015
Best in Italy: BNP Paribas
Co-operation with financial regulator on new rules wins acclaim
Q&A: Italy's structured products body on complexity crackdown
Acepi chair Dario Savoia talks Consob, Priips and complex products
Obsession with competition isn't healthy for exchanges
Market operators should focus on customer needs
Southern Europe securitisation markets thrown lifeline in EC plan
New rules ease treatment of ABS from countries with low credit ratings
Italian swaps scrap grips Europe
Dexia Crediop wins right to appeal against Italian city of Prato over €6.5 million swap claim
Bank of Italy chief sees legal risk in senior bonds bail-in
Banks should inform savers about senior bonds’ place in resolution hierarchy
Kairos laments lack of discipline among hedge fund managers
Inability to strictly manage risk common denominator of failing hedge fund managers
Italian refiner seeks boost from supply and trading unit
Saras gains from rebound in refining margins and flexible Sardinia refinery
Target2-Securities: so far, so good as first systems go live
Pan-European securities settlement platform goes live on time and with minimum disruption
Uneven growth in European listed markets
Multi-issuer platforms a growing alternative to listed exchanges
FVA, correlation, wrong-way risk: EU stress test’s hidden gems
How much margin is missing in sovereign swaps? The stress test had the answer
EU stress tests show €14bn funding burden on Italy swaps
Fourteen banks had net exposure to Italy in EU tests, implying huge funding costs
Risk Italia survey 2014: Regulation brings clearing to the fore
Derivatives activity in the Italian market at a relatively steady state – especially considering tough economic conditions
Risk Italia Rankings 2014
Roller-coaster year brings turmoil and opportunities