Risk magazine
MVA will be a ‘game-changer’, say valuation experts
Leap in initial margin will cut CVA, FVA and KVA, but generate new funding effects
Jumping with default: wrong-way risk modelling for CVA
Fabio Mercurio and Minqiang Li investigate CVAs in the presence of wrong-way risk
Lack of average pricing holding back Clobs, says buy side
Sefs, FCMs and CCPs not interested in finding a solution, however
JP Morgan and UBS compress forex books via start-up
NYC-based LMRKTS first broke cover two years ago; third bank participant is unknown
CFTC’s aim is 'not just' to expand clearing, Massad says
Agency will not “mandate a lot of products just to increase clearing”
CCAR leaves modelling teams short of time and staff
Fed stress tests are a "perfect storm of pressure"
FVA for general instruments
Alexander Antonov, Bianchetti and Mihai develop a universal and efficient approach to numerical FVA calculation
Pillar 2 'unlikely to cushion' trading book capital impact
Pillar 1 capital hike likely to outstrip any Pillar 2 add-ons, say dealers
Banks and platforms brace for Mifir privacy reporting wrangle
Mifid II reporting could breach third-country privacy laws
Photogallery: Risk USA 2015
Free-to-view photographs from Risk USA 2015
Mifid II threatens best execution data 'nightmare'
Buy- and sell-side critics attack requirement to publish all RFQs
Massad: US to raise dollar threshold in uncleared margin rules
Higher final threshold may catch fewer firms
CFTC parks Sef name give-up issue
"For the time being, we're not taking any action," says Massad
Sefs brand market abuse enforcement role ‘a non-starter’
CFTC signals softening on position limits monitoring, however
BoE questions unfunded CCP default fund top-ups
Funds would have to be replenished during period of stress
Credit Suisse dismisses talk of clearing retreat
Biggest US swaps FCM has cut commodities presence and plans "no further strategic changes"
Bail-in divisions put bank swap ratings in doubt
Europe's fragmented resolution rules threaten Moody's framework
Coen: leverage ratio hit to clearing due to clashing mandates
Coen calls for greater parity between leverage ratio and clearing requirements
Banks forlorn over new Basel counterparty risk charge
Standardised risk charge delivers few benefits, and plenty of trouble
JSE swap futures off to a slow start
Dealers struggling with CVA pricing and internal approvals
EBA chair says current regulation not fit for all banks
Rules derived from Basel III too complex for some banks
Trading book QIS: residual risk is 'killing everybody'
Residual risk add-on more broadly applicable than first thought under Basel rules
ECB sparks bank tug-of-war over debt eligibility
Debt may only be eligible for either TLAC or central bank liquidity
Fed support high on wish list for buy-side repo clearing
Risk USA panellists want liquidity support for planned new services