Risk magazine/News
Capital floors could spur risk-taking – Swedish FSA
"Very careful" calibration needed to avoid bad incentives, says senior supervisor
'No plans' for further guidance on third-party risk – OCC
Banks will have to figure out what constitutes ‘critical activities’ for themselves
Goldman hikes clearing fees by 75bp as leverage ratio bites
New fee structure amounts to a fourfold increase in some cases
Evasion concerns hamper Mifid package trade fix
Esma working on package trades, but "too premature" to discuss a solution
Basel Committee launches FVA project
US regulators also looking into divergent valuations for uncollateralised swaps
Capital hit from death of 0% sovereign weight 'not enormous'
Banks would have to raise equity equal to 0.7% of current levels, ESRB finds
Standard stress tests could create more risk, CCPs warn
Diverse products and risk profiles make standardised stress testing difficult
CCPs raise alarm on South African OTC reform
Push for CCPs to establish domestic presence riles LCH and CME
PRA reviewing need for new accounting at UK banks – Carney
Bank accounting has improved in past two years, BoE governor tells hearing
Massad: CFTC will not challenge CME invoice spread rule
No progress on SLR changes, but ‘good chance’ of uncleared margin deadline extension
Basel will address leverage ratio threat to clearing
FAQ document to tackle treatment of segregated initial margin
Citadel shaking up swaps competition
Chicago firm is now a top-four market-maker on US swap platforms
People: Barclays reshuffles quant team
Piterbarg departs, replaced by Marco Naldi; Traiana's Coyne-Solinger saga climaxes; BAML shakes up structured credit team; Tradition hires John Wilson
SunGard unveils clearing utility as FCM exit fears grow
Barclays is first client for service that promises 20% savings for FCMs
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
Pension funds sign hedge-only agreements with banks
Cardano and PGGM promise not to give banks speculative trades
Discounting change magnifies HSBC FVA loss
UK bank's funding charge jumps 75% to $460m
CME price limits caught out by Swiss franc surge
Exchange bins month-old rule after it led to huge spot-futures basis
EU court to rule on UK challenge to ECB's clearing policy
Verdict due on March 4 in first of three UK complaints about eurozone clearing
Repo and securities lending face swap-style stays
Regulators and industry to meet in London on March 2
Price is sole factor in best execution – Pimco
Portfolio manager calls for tougher oversight of market-makers
CVA switchback will hit bank capital ratios, EBA says
One bank faces 3% hit to equity ratio if EBA proposals accepted
Banks blame regulation for FCA's clearing worries
UK regulator warns client clearing could become a “missing market” but defers study
JP Morgan warns on swaps clearing
Bank says client clearing returns are "incompatible" with current capital rules