Risk magazine/News
LCH targets non-cleared market with radical new platform
Bilateral trades would be valued and margined using LCH swap curves
Repo markets left guessing by new EU reporting rules
Record-keeping obligations of SFTR already in force, but no guidance on data fields
CSA reviews necessary after Sonia reform, lawyers warn
Benchmark administrator change may require amendments
DRW, Goldman, Wells Fargo back swaps regtech firm
Droit gets $16m capital boost to support growth of cross-border compliance service
Deutsche Bank faces op risk capital hit from DoJ fine
Bump to operational risk capital under SMA could be bigger than expected, experts warn
European bail-in buffers may stretch market-making capacity
New Basel capital exemptions could be too small if all EU banks have to issue bail-in bonds
People: Ramambason joins StanChart as head of XVA
Head of financial markets leaves StanChart; SocGen management shuffle; Lake leaves HSBC
Esma set to backtrack on mandatory asset segregation
Maintaining the status quo would avoid disrupting securities financing and collateral reuse
Clamour grows for US Treasuries clearing mandate
HFT default could destabilise interdealer markets, participants fear
Rating aggregation flawed, but better than nothing, researchers say
New research finds errors still substantial even after combining ratings
ECB's bank watchdog warned on NPL clean-up drive
SSM may need clearer enforcement process to boost bad loan provisioning, says regulator
FSOC focuses on non-cleared trades in buy-side Sifi debate
CFTC chairman sees ‘very important distinction’ in cleared versus uncleared trades
US Treasury: prepare for a post-Libor world
Senior official urges participants to adopt new benchmark
LCH to revise margining after Brexit backlash
Excess intra-day margin will offset other collateral calls from November 3
CCPs defend direct clearing models for the buy side
FCMs unsure if direct margin posting will deliver capital savings
BoE plans could force change to Libor-Sonia swap payments
Reformed Sonia proposals may see floating-leg settlements delayed
LCH under scrutiny after outsized Brexit margin calls
Intra-day calls criticised by banks; FIA working group pushing for change
Netting questions linger in Asia margining rules
Hong Kong set to exempt non-netting trades from margin regime, following Australian position
Emir review could enable EU clearing land grab
Experts say 2015 ECJ ruling may not protect London euro clearing if the UK leaves the European Union
StanChart hires Ramambason as head of XVA
Ramambason to lead newly created XVA desk
EU bid to fast-track non-cleared margin rule slammed as ‘reckless’
Requiring banks to post initial margin before year-end 'would be risky', says SocGen's Litvack
Sterling flash crash leads to market price confusion
Banks set their own sterling/US dollar low 4% higher than some traded rates
Asset managers lead the charge for voluntary clearing
Voluntary clearing volumes jump 80% as non-cleared margin rules take effect
MEPs seek solution to STS securitisation stalemate
Rapporteur circulates compromise plan after three large parties reject 20% risk-retention rate