Risk magazine
Dealers urge further clarity on rules for ailing CCPs
New European rules stop short of defining resolution triggers
Degree of influence, 2016: capital matters
Capital, liquidity and XVAs are still the core of quantitative research in banking
Multiple NPL models better than single models, research finds
Combinations of models produce better NPL estimates in study of Greek crisis
FRTB survey: risk transfer shake-up hits home
Dealers mull creation of dedicated risk transfer desks but approval process remains unclear
Op risk family tree challenges Basel’s business line focus
Cladistic analysis shows importance of control failure, crime and fraud
IFRS 9 expected to boost options with corporates
New rules limit options volatility in P&L; some hedgers already taking advantage, banks claim
Can quants defuse the pension time bomb?
Alex Lipton argues new quantitative methods are needed to solve the looming pension crisis
Industry friction on initial margin model backtesting
NFA said to have set 10-day standard; other regulators applying different approach
Banks and CCPs clash over non-default losses
Banks balk at being on the hook for losses from investments or cyber attack, but many clearers say the risk should be shared
Losing the match: EU repo rules spark reporting fears
Repositories battling to improve matching rates for Emir trade reporting as SFTR looms
How will banks suffer large op risk losses in the future?
Eight interlocking trends mean more multi-billion-dollar losses to come
Clearers laud EC transition extension for non-EU CCPs
Absent the extension, OCC estimates extra $74 billion in RWAs for European members
Ten commandments for alternative premia investing
What to watch out for when constructing alternative premia portfolios
Industry faces crunch time on Simm enhancements
If the required new risk factors are not added on time, firms may face a more punitive look-up grid
European NSFR revamp could save banks billions in funding costs
Commission expected to ease pressure of liquidity ratio on derivatives positions when it unveils CRD V proposals
Bankers told to lead from the top on Mifid governance rules
Structured products issuers’ strategy should reflect new guidelines, say regulators
Smart contracts face cleared world challenge, R3 Summit hears
Follow-on contracting not legally enforceable in some jurisdictions
Don’t use structured products to bet on politics, say issuers
Structured Products Europe: Panellists speak of Brexit hedges backfiring and Trump win confounding expectations
Structured product innovation under threat, say distributors
Structured Products Europe: Regulatory burdens holding back new structures
Final Priips rules tipped for April 2017
Banks may push ahead with publishing key information documents before compliance date
Suspend bank capital rules following an FCM default, CFTC told
Banks may be more likely to bid in post-default auctions if temporary capital relief is granted
Regulators deaf to variation margin concerns, say dealers
Banks told they cannot lobby on behalf of clients over looming variation margin rules
CCP default risks not correlated, CFTC finds
Timothy Massad: stress tests reveal “quite a bit of diversification” in CCP exposures
SEC’s White ‘deeply concerned’ about bond market illiquidity
Agency to publish report on regulation and market liquidity in May 2017