Offshore
Banks begin China close-out netting work after Isda opinion
Rise in collateralised transactions will be next step, dealers say
GFMA proposes disruption settlement framework for FX
Russian ruble close-out pain triggers calls for voluntary multilateral pricing framework
Fortunes of VAR: dealers decry effect of war on risk models
European banks with large Russian derivatives exposures face risk of backtesting exceptions – and higher capital requirements
Offshore waves: how the ruble is becoming a painful trade
As liquidity dries up in markets affected by sanctions, trading is shifting from electronic venues
Offshore hedging of foreign banks’ China claims at record low in Q2
Just 6% of claims on the country were hedged through offshore risk transfers at end-June, BIS data shows
CFTC’s Stump: new talks needed on offshore client clearing
Libor demise should spur rethink on US customer access to foreign clearing providers, says commissioner
Realized profits on the Stationary Offshore Ocean Economy: an analysis
This paper analyzes the recent financial performance of the publicly traded companies that employ stationary structures on the open ocean using a comprehensive Thomson Reuters Eikon search.
House of the year, Indonesia: CIMB Niaga
Asia Risk Awards 2020
Private bank of the year: Credit Suisse
Asia Risk Awards 2020
Malaysia has triumphed in FX reforms – but what comes next?
Relinquishing currency controls will be a much harder task
China bond buyers tiptoe through credit analysis minefield
State backing for domestic companies is hard to gauge, as new investors are discovering
Turkey turmoil opens door to offshore NDF market
Emta invites input on documentation for offshore lira
Seeing red over blue-chip swap in Argentina’s NDF fiasco
Emta protocol salve aside, peso settlement rate snafu is a warning for emerging market FX derivatives
Growing sanctions raise compliance risk for energy firms
Sanctions increase risk for energy firms as regulators step up enforcement, writes maritime data expert
India exchange to debut rupee derivatives settled in US dollar
Launch of onshore futures and options unlikely to dent offshore volumes, though
Global banks grapple with China joint ventures
Offshore lenders weigh raising stakes in local securities houses despite tight margins
Growing an institutional footprint in Asia’s ETF market
Hong Kong Exchanges and Clearing (HKEX) explores the burgeoning impact of institutional investors in Asia’s exchange‑traded funds (ETFs) market – which is demonstrating the potential to establish itself as a global force – with a focus on the rapid…
Pensions and insurers give new impetus to Asia’s ETFs
Cost-conscious institutional investors are embracing exchange-traded funds (ETFs) to lower transaction fees and achieve higher returns. Hong Kong Exchanges and Clearing (HKEX) explores the theme of yield‑chasing among insurers in Asia’s expanding ETF…
Loans to offshore centres surge
Total claims surpass pre-crisis peak
Taiwan allows onshore trading of foreign derivatives
Authorities take further steps to bring $300bn of overseas traded securities onshore
Growth of outsourcing makes geopolitical risk more threatening
Third-party suppliers can expose banks to unsuspected new political threats
Offshore distributors voice fears over UAE sales practices
Poor products and lack of adviser education among concerns raised
IRS eyes US equity-linked notes in offshore crackdown
Substantial tax on “dividend equivalents” though questions remain
In-depth intro: Risk management
From Berlin to Birmingham, risk functions are increasingly relying on low-level number crunchers in low-cost locations