Fiona Maxwell
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Articles by Fiona Maxwell
Some EU countries unable to punish Emir breaches
Firms in Poland and Ireland cannot be fined for breaking reporting rules
Risk managers defend IRB against Tarullo criticism
Banks insist credit risk approach can be fixed - and remains more sensitive than stress tests
CCPs eager for first forex clearing mandate
CFTC proposal for NDF clearing could be published within weeks, CCPs say
Russia sanctions could trip up CDS markets, lawyers warn
New sanctions on specific companies could trigger CDSs and complicate settlement
Esma clearing draft prompts new focus on frontloading
Dealers may push for get-out clauses in trades with smaller clients
US firms frustrated by EU clearing timeline
Deadline may not bite until December 2016 for most European firms
Esma plan to boost matching rates leaves industry cool
Incomplete reports would be sent back to market participants
Just 3% of some futures reports can be matched – DTCC
Missing and conflicting trade identifiers plague Europe's reporting regime
Dealers opt to break reporting rules in privacy clash
No easy solution as European and US reporting rules collide with foreign laws
Banks breach EU and US reporting rules to avoid privacy clash
Two dealers admit to masking customer identities to avoid a conflict of law
Repositories call on Esma to help fix Emir reporting problems
Proportion of reports that can be paired up is “very, very low” says DTCC exec
Esma frontloading fix leaves risks, dealers warn
UK MEP Bowles hoping for "constructive response" from EC
Esma’s Maijoor: Frontloading rule due in weeks
Esma recognises pricing uncertainty caused by frontloading, chairman says
Growing P2P lenders confront "profound" risks
UK platforms worry about rogue rival services with weak credit controls
Esma set to neuter Emir frontloading rule
Legislators agree on a fix for ‘huge problems’ caused by frontloading
Ferber: MEPs unlikely to oppose frontloading fix
Legislators will try to settle long-running issue in talks on Thursday
Emir frontloading: crunch talks due this week
Dealers hoping to escape retroactive EU clearing mandate
OTC reforms: Numbers only tell part of the story
Derivatives reform glass is half-empty for regulators
Pirelli: Regulators have lost focus
Corporates unfairly hit by new rules, argues tyre company’s risk head
Majority of Emir derivatives reports cannot be matched, say repositories
DTCC is able to find the other half of a trade for around 40% of reports
DTCC did not anticipate client 'avalanche', says Broderick
Repository has apologised to clients caught in Emir reporting backlog
Q&A: Sandy Broderick, DTCC, on the Emir reporting avalanche
Surge in customer numbers caught the repository out, CEO admits
Costs of forex manipulation could be worse than Libor
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate