Credit risk
CCP resolution plans start to take shape
LCH.Clearnet's re-launched CDS clearing service adopts a loss-sharing mechanism - in line with a "last gasp of breath" approach outlined in an Isda letter to the Bank of England
Dangerous embrace: disentangling bank and state
Dangerous embrace
Lehman Brothers ruling changes equation for creditors and clients
Protection racket
Chapter 14: using bankruptcy law to solve too-big-to-fail
Too-big-to-fail: the next Chapter
The last word: Collateral and CCPs
The leading question
UK utilities face swap counterparty shortage
Bank downgrades could leave many structured finance transactions without acceptable swap providers - a potential nightmare for UK utilities
Corporate trades should not face CVA charge – Risk.net poll
Two-thirds of respondents think trades with corporates should be exempt from Basel III's CVA capital charge
New ratings paradigm requires careful handling
The rate escape
Downgrade doomsday: utilities fear swap dealer shortage
Downgrade doomsday
Push, ping or hub: industry tackles risk of clearing fails
Push, ping or hub
Isda AGM: Euro crisis drives up collateral, finds survey
Trouble in the eurozone is increasing collateral in over-the-counter derivatives market, according to Isda
Isda AGM: Deadline for global uncleared margin proposals likely to be met, says panellist
A Federal Reserve deputy associate director says he is confident regulators will meet a June deadline to draw up a consultation paper on global margin standards for uncleared trades
A turning tide for two-way CSAs?
A turning tide for two-way CSAs?
Cutting complexity with a new standard CSA
Cutting complexity
Sponsored statement: Goldman Sachs
Wrong-way CVA done right
New regulations could cause $7 trillion "collateral shock"
Trio of rules - on liquidity, clearing and margin for uncleared trades - will hoover up vast amounts of collateral, market participants fear
Ever heard of the WGMR?
Working Group on Margining Requirements is keeping a low profile
US dealers breathe easier as global uncleared margin rules take shape
The extraterritorial scope of US margin rules would have left US banks’ overseas swaps business in tatters, but an international working group looks set to deliver a reprieve by endorsing similar rules
LEI debate focuses on governance issues
The LEI vision
Italy could face more swap terminations
Italian politicians claim Morgan Stanley's swap termination in January will be a one-off - but dealers say Italy's debt office is subject to other clauses that could have the same effect
Despite MF Global, firms face weaker OTC safeguards
Segregated thinking
BlackRock tries to renegotiate 'dirty CSAs'
Asset manager seeking to remove collateral optionality - and pricing divergence - from thousands of CSAs