Risk magazine/News
Clearing fees up for 60% of swaps users due to leverage ratio
Survey of US asset managers reveals higher costs and reduced access to clearing
Euribor administrator woos banks to revamp dwindling panel
Efforts to double number of contributing firms said to face strong resistance
EU banks plan to flee CME when key Emir date arrives
CCP oversight stand-off leaves banks in a bind as Feb 21 frontloading deadline nears
Mazzella to leave Citadel at end of month
Chief operating officer for fixed income set to depart at end of February
Mixed industry reaction to Moody’s CCP ratings
Clearing members say narrow definition of default may limit ratings’ usefulness
Corporates warn of legal risk in Euribor transition
Proposed new methodology behind benchmark constitutes a "fundamental" change, ACT argues
Looser capital won’t ease bond liquidity – SNB’s Rime
Central banker calls for counter-cyclical leverage ratio and scrutiny of funds’ role
Banks work together in effort to reduce XVA costs
Dealers offer rewards to clients and rivals for help in cutting valuation adjustments
Barclays ousts head of rates trading
Yarian out after UK bank announces major shake-up of global investment banking operations
Banks weigh call for extra delay to parts of Mifid II
Some want the new regime to be phased – on top of mooted one-year delay
Eonia ‘almost meaningless’, says Eurex
Thin volumes in unsecured lending market should be a cause for concern, bourse operator argues
Flip clause ruling nets Lehman estate $3 billion
Judge warns legal uncertainty remains, however
‘Frustration’ claims unlikely to hit Libor reform
FMLC's Joanna Perkins dismisses legal concerns about benchmark reform
Duffie: regulators may push swaps market off Libor
Even reformed Libor no longer a viable reference rate, says FSB adviser
Massad: let market decide what it wants from Sefs
Voice v electronic execution decision left to market participants
EU banks eye hard slog of contract changes to meet bail-in rule
Banks required to include clause exposing foreign counterparties to potential haircuts
Looming EU-US deal on clearing gets cool welcome from banks
Proposed European rule change will raise risks and costs of clearing, critics fear
Final FRTB is a game of give-and-take, say dealers
Relaxation in some areas of Basel market risk rules offset by harsher treatment in others
Firms must work together against CCP cyber threat – Voormeulen
Collaboration and information sharing are vital, says co-chair of CPMI-Iosco working group
Fresh delay for EU rules on CCP spillover losses
Recovery and resolution rules will miss the revised February delivery date
Basel abandons plans for Pillar 1 rates risk charge
No standard charge for banking books, but souped-up Pillar 2 still worries critics
US regulators told to expect VM status change
Fed, FDIC and OCC told daily settlement of swaps will cut required capital
Morgan Stanley loses three in forex and one quant
Morgan Stanley loses four staff in US; Barclays forex head departs; Citadel adds CDS trader; and more
Corporates cheer carve-out from shadow bank label
EBA guidelines dispel fears of limited credit lines to non-financial firms