Articles by Fiona Maxwell
Intra-group margin will ‘stifle’ internal hedging, banks warn
Additional costs for end-users if no exemption granted
CCPs confront cleared swap basis threat
From Japan to Mexico, CCPs are trying to avoid repeat of CME-LCH price disparity
CCP basis market takes off – but will buy-side join in?
Dealers are encouraging asset managers to trade CME-LCH swaps
Dealers fear mix-and-match margining for cross-border swaps
National conflicts in margin rules can only be fixed via mutual recognition
Fresh delay will push EU-US CCP row into September
Decision had been expected in July; dealers sceptical new timeline will hold
Greek swaps contract drama continues
Ongoing controls mean some end-user payments are more than a month overdue
Greek bank holiday sparks swaps contract chaos
Extended bank closure leaves derivatives payments by end-users in limbo
People: FCA bolsters oversight with new hires
IIF's Barbara Frohn to lead risk and compliance oversight
Non-financials may be caught by shadow bank rules
Banks warn of "massive" impact from EBA proposals, which would limit credit lines
CCP wrangling sparks new frontloading fears
Dealers fear trades could be booked at CCPs they are not able to use
Dealers cling to “commercial policy” as get-out in Mifid II price tiering downfall
Banks warn prices to rise under new regime
EU revisions to uncleared margin rules address industry fears
Cash collateral escapes haircut and third-country corporates get a carve-out
Mifid II will strangle package trades, industry warns
Disclosure rules may catch multi-part trades if any component is deemed liquid
EU regulator renews attack on US CCP margin rules
Esma’s Verena Ross warns against one-day regime for house accounts
Barclays exec: NSFR is magnifying bank leverage
Liquidity ratio also creating extra costs for repo desks
Esma said to be mulling softer Mifid transparency rules
Meetings held within Esma on June 4 and 5, as regulator weighs options
EU rapporteur says Mifid II is ‘too complicated’
Bankers claim new rules “trap liquidity”
No quick fix to leverage ratio stance on margin, banks told
Regulators to address capital hit via standard on segregation – but not before 2017
EC's Hill points to April 2016 start for swaps clearing
EC and Esma have agreed rules - legislators now have six months to endorse them
New clearing casualty as BNPP's Dixon departs
French bank, JP Morgan and Nomura have all lost senior clearing execs in past month
Norwegian adoption of Emir to fix cross-border clash
EU banks will be required to clear Nkr swaps – Norwegian banks currently are not
Mifid II a 'deal killer' for some swaps, corporates warn
Requirement to broadcast quotes could end trading in certain swaps
Mifid II threatens end to ‘mates’ rates’ in OTC market
Transparency rules for bilateral trades will end relationship-based pricing, banks warn
Mifid II liquidity data described as 'garbage'
Regulators have rejected requests to share underlying data set, critics claim