Risk magazine
Thailand backs cash equity CCP linkage model
Proposal for CCPs to act as clearing members for each other receives backing of Thai regulator
People: Morgan Stanley announces cuts in equity and forex
Morgan Stanley cuts equity and forex derivatives staff
UBS gears up for slow getaway
A slow getaway
No exit: The problems facing UBS in its fixed income retreat
The stress of unwinding
OTC market faces up to CCP-dependent pricing
Spot the differentials
Ice-NYSE Euronext: Good or bad for margin offsets?
Merger margins
Cutting Edge introduction: Goodwill for DVA
Goodwill blunting
Algomi: Former UBS platform guru pushes aggregation
The matchmaker
Parliament may decide not to reject Esma standards
Doubt cast over whether a motion to reject two Esma regulatory technical standards will survive a plenary vote on Thursday
Effectiveness of new collateral forum questioned
Euroclear questions whether a new liquidity forum that brings together five central securities depositories will be anything other than a talking shop
Australian CPDO judgment reveals S&P and ABN Amro's errors
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of a triple-A rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
Basel III blues: US politicians push for new QIS
Basel III is losing traction. Already hit by implementation delays and a loss of support from senior policy-makers, some US politicians are now calling for a national impact study – mirroring developments that saw Basel II grind to a halt. Michael Watt…
FSB comments on FX margin surprise industry
The FSB’s call for the Basel Committee and CPSS to set provisions on variation margin for FX derivatives appears to cross over with the Working Group on Margin Requirements, say observers
Bank analysts spooked by huge gulfs in Basel RWA review
Some banks calculating measures that are 3% of the median in Basel Committee study, while others are more than 2,500%
Sef rules could be finalised by mid-February, says O’Malia
Swap execution facility rules could be finalised in weeks, but CFTC commissioner gives little away on the detail
Danish and Latvian debt offices move to two-way CSAs
Cheaper swaps prices have convinced two more DMOs to sign collateral agreements
"Deceptive and negligent": How the first CPDO got its AAA rating
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of an AAA rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
Dutch counsel confident of success as S&P faces new CPDO case
The fine handed out by an Australian court last year to ABN Amro and Standard & Poor’s was a rare success for post-crisis litigants in structured credit cases. The victors are hoping to repeat the trick in Europe – but what are their chances? Lukas…
ESRB narrows its macro-prudential tools
The European Systemic Risk Board is about to announce a slimmed-down list of potential macro-prudential tools, but who has the power to use them is still the subject of debate. By Michael Watt
ESRB fine-tunes macro-prudential toolkit
The ESRB slims down its proposed macro-prudential principals to focus on 15 key macro-prudential levers
Rational shapes of local volatility
Rational shapes of local volatility
DVA for assets
DVA for assets
Risk.net poll: Regulators not giving enough information
The vast majority of respondents feel regulators have not provided them with sufficient information to implement new derivatives rules