Clearing
Swaps CCPs hope to slash capital via margin change
Treating margin as settlement could cut leverage – CME, Eurex, Ice, LCH.Clearnet all seeking approval
Banks try to copy Citi and UBS clearing leverage cuts
Tactic slashes exposure for FCMs, but could undermine lobbyists
CFTC eases margin requirements for inter-affiliate trades
Bowen votes against final rule exempting non-cleared inter-affiliate trades from initial margin
US margin rules threaten clearing bottleneck
Fed estimates $2.5 billion annual cost of funding margin on bilateral trades
Stricter EU collateral rules threaten Nordic power market
Esma move on bank guarantees “risks damaging” liquidity, traders say
CFTC quizzes clearing banks over leverage-cutting tactic
Billions of dollars in client margin have already been moved off balance sheet
EU regulators split over using initial margin to resolve CCPs
Rules on CCP resolution were due last month but are now slated for February
Basel Committee 'will move' to more sensitive leverage ratio
Regulators want to switch CEM for SA-CCR, conference told
Carney: leverage ratio could limit clearing benefits
European officials should look at the impact of the leverage ratio on clearing, the Bank of England chief tells MEPs
EU uncleared margin rules expected by January – EC official
European regime draws on global principles
TrueEx targets buy side with post-trade spin-off
New venture will offer average pricing for swaps starting in early 2016
Eurex and LCH reject one-day margin regime for futures
Decision on whether to copy US rules still in the balance, says Esma
EU members of US options CCP face $30bn capital hit
OCC fears approval will be held up by absence of SEC clearing rules
Cash-22 – The regulatory conundrum
Sponsored feature: RBS
Europe edges closer to final Emir clearing timeline
Deadline could arrive in mid-June; pressure to resolve EU-US dispute grows
Omnibus accounts in favour despite higher capital charges
Operational complexity in Europe and low volumes in Asia are deterring buy-side clearers from ISAs
CFTC’s aim is 'not just' to expand clearing, Massad says
Agency will not “mandate a lot of products just to increase clearing”
Credit Suisse dismisses talk of clearing retreat
Biggest US swaps FCM has cut commodities presence and plans "no further strategic changes"
Coen: leverage ratio hit to clearing due to clashing mandates
Coen calls for greater parity between leverage ratio and clearing requirements
JSE swap futures off to a slow start
Dealers struggling with CVA pricing and internal approvals
Fed support high on wish list for buy-side repo clearing
Risk USA panellists want liquidity support for planned new services
Custody Risk announces shortlist for European Awards 2015
Preliminary shortlist for the Custody Risk European Awards 2015 is published
Softer rules on clearing margin may not cut end-users’ costs
Leverage ratio burden only one part of costs
Australian regulator may review nexus trade approach
Asic commissioner hints at reviewing treatment of nexus trades