Risk magazine
Dodd-Frank extraterritoriality will hurt US banks – Risk.net poll
More than two-thirds of respondents think the long arm of Dodd-Frank will put US banks at a competitive disadvantage
JPM’s Zubrow: US margin rules 'will kill our overseas swaps activities'
US banks will be shut out of the market for uncleared derivatives, says JP Morgan's chief risk officer
Risk & Return Brasil: Supervisors need to be more curious, says Maia
Authorities should put less faith in numbers and what they are told by banks, says top Brazilian supervisor
LCR should include equity, says ACP’s Nouy
Basel III liquidity coverage ratio should admit equities with significant haircuts, says Danièle Nouy at the Autorité de Contrôle Prudentiel
Basel III liquidity rules won't be watered down in Europe, says ACP's Nouy
Autorité de Contrôle Prudentiel secretary-general Danièle Nouy says looser language in the CRD IV draft won't ultimately mean weak rules in Europe
Basel Committee continues to reject equity for the LCR
Equities do not have the necessary characteristics to be included in the liquidity coverage ratio, says general secretary Stefan Walter – but some banks disagree
Ex-IMF adviser calls for 'hard rules' on cross-border resolution
Former IMF adviser Rosa Lastra says international regulatory framework should apply 'hard' rules on cross-border resolutions
Leuschke quits RBS
Royal Bank of Scotland loses its global head of foreign exchange sales
Deutsche Bank merges OTC and listed clearing businesses
Deutsche restructures clearing initiatives in response to global regulatory push towards OTC derivatives central clearing
Industry supports risk-adjusted bonuses for risk managers, according to Risk.net poll
Sixty-five per cent of respondents support separate pay structure for risk managers
Geithner letter to Hungarian minister weighs in on Emir open access debate
Market participants believe US letter endorses a narrowing of Emir scope, but a Treasury official says the letter draws attention to gap in regulation
Andrés Portilla promoted at IIF
Portilla becomes director of regulatory affairs at IIF, while David Schraa is promoted to regulatory counsel
Buy-side firms urged to avoid stampede to CCPs
Panel participants encourage buy-side firms to engage with CCPs early to avoid a last-minute rush
Basel III liquid asset definitions loosened in CRD IV draft
Draft legislation seen by Risk contains less prescriptive language on what counts as an eligible liquid asset under the liquidity coverage ratio
Central bank liquidity would help CCPs in distressed situations, says BIS
BIS weighs in on CCP central bank liquidity access debate
Buy-side firms call for greater margin security
US FCM omnibus model needs to be strengthened for OTC derivatives, say buy-side participants at a CFTC round table
Italy is real eurozone endgame, says top credit quant
Eurozone can finance a Spanish bail-out, but an Italian default is the real test of common currency’s survival, says NYU's Edward Altman
Goldman Sachs the most frequent visitor to CFTC to discuss Dodd-Frank
US dealer met with regulator on 49 occasions to discuss Dodd-Frank rule-makings
Industry models not sufficiently developed to calculate CVA charge, says Basel Committee
Basel Committee sticks to its decision not to allow banks to use their own models to calculate the CVA capital charge under Basel III
US regulators uneasy with Collins Amendment
Bank supervisors echo industry concerns about Dodd-Frank capital and leverage rules
US margin proposals could lock down $2 trillion in assets
Requirement for banks to post initial margin when trading with each other will result in huge amounts of liquid assets being locked down, according to analysis by one US prudential regulator
Comparability of EBA stress tests questioned
The ability of banks to use their own internal models for determining stressed PDs and LGDs mean the results will not be comparable, bankers claim
Client clearing services slowly maturing
A clear path?
Credit risk
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