Risk magazine
Banks struggling with IFRS 9 impairment rules
Firms seek clarity on use of probabilistic scenarios ahead of January 2018 deadline
Dealer algos strike back in swaps market showdown
Auto-quoting starting to take root as incumbents try to keep pace with Citadel
CFTC proposal to expand swap data reporting criticised
Increasing the number of reporting fields ‘doesn’t necessarily add a ton of value’, market participants argue
Voltaire Capital and the prop shop that changed its spots
London-based start-up joins liquidity contest via buyout of Chicago HFT firm
EU's foreign benchmark equivalence rules under fire
Critics fear repeat of CCP approvals saga
EBA lacks mandate for new CVA push, critics claim
Move to hike counterparty risk capital has corporate treasurers ‘fuming’
Hungary central bank action ‘distorting’ swaps curve
Flooding market with cheap swaps knocks 14% off bid rate
EU benchmark rules open to regulatory arbitrage, say rate-setters
Fears firms may seek to limit scope of publication if ‘index’ definition is too narrow
Risk analytics head Canabarro leaving Morgan Stanley
Eduardo Canabarro set to be replaced by Andreas Gocksch, say sources
Goldman Sachs’ Frankel departs
Veteran derivatives markets exec says he may continue work on risk and margin projects
Isda and FIA urge phased implementation of Mifid II
One-year delay to new regime will not solve data problems, industry argues
Non-banks push direct liquidity streams in US Treasuries
Dealers could save millions in broker fees and transaction costs, non-banks claim
SEC rule hikes cost of trading US CDS for non-US firms
CDS trades between non-US counterparties will be captured under Dodd-Frank
European regulators lag on model validation, top quant claims
Supervisors in mainland Europe are 'all over the map' on model validation, says Morgan Stanley's Jon Hill
EU-US clearing deal ‘good enough’ to avoid CME exodus
Banks had planned to quit US clearer on February 21
Bank data executives split on BCBS 239 sanctions
HSBC's Mavroudis says fines are likely; Mizuho's Alvarez sees a measured response
BoE: leverage ratio carve-out needed for clearing
Collateral should cut exposure, says BoE, citing need to ensure "continuity" of clearing business
What credit auction friction says about the OTC market
Benefits of risk bifurcation threatened by collateral conflicts
Swap auction frictions prompt search for new tactics
Standards may be needed to preserve benefits of credit-auction approach to big swaps
People: Barclays ousts head of rates trading
Yarian leaves Barclays; FCA makes Bailey chief executive; Kelleher becomes Morgan Stanley president
Insurance risk manager of the year: Standard Life
UK insurer’s risk function launched reviews of business and tech risks
How many ways to win in swaps?
Citadel's success – and talk of swap desk spin-offs – suggest era of greater diversity
Dealer-run platforms face hard choices under Mifid II
MTF, OTF or SI: three options, but none that banks like