Articles by Louie Woodall
Non-cleared margin transfer rules vex asset managers
Market split on whether MTA applies at the client or account level
Bank prop indexes threatened by US tax changes
IRS’s Section 871(m) rule places burdensome requirements on non-qualified indexes sold to non-US persons
Banks seek clarity on risk retention capital charges
CMBS issuers in dark about how much capital to hold against risk retention exposures
Priips in disarray as nightmare scenario looms for issuers
MEPs send structured products rules back to drawing board as Eiopa chief calls for delay
German industry gears up to oppose CLN ban
German Derivatives Association argues ban is unlawful
MEPs' revolt threatens structured products reforms
Search for 'quick fix' under way before plenary vote on Priips regulation later this month
Vexed by Vix: post-Brexit squeeze sparks fears of losses
Rerun of short squeeze on Vix futures could backfire on speculators
Dealers grapple with netting valuation adjustments
Some banks are expressing netting uncertainty as a fair value adjustment to CVA
Fund managers and insurers unite to combat Priips confusion
Cross-industry working group pledges to develop industry-standard templates
Dealers predict ‘softening’ of NSFR in Europe
Some banks' pricing already assumes rule will be watered down
Banks take flexible approach to pricing netting risks
Dealers are adjusting CVA prices, depending on their view of the legal netting opinion
Dealers decry wrangling over EU structured product reforms
MEPs' threat to vote down Priips RTS could herald "nightmarish scenario"
Eiopa signals soft-launch of Priips
Regulator looking at solutions for firms that can't meet 'very challenging' timeline
Structured note issuers warned on faulty disclosures
Fines for BAML and UBS highlight importance of accurate cost disclosures
Dealers rue loss of US structured product issuance freedoms
SEC’s removal of special status from select banks hits marketing and issuance capacity
Sterling swap rate collapse hits structured deposits
Post-Brexit halving of five-year swap rate sees Hartmoor pull FTSE deposit plans
Basel arbitrage warning leaves dealers guessing
Banks told to avoid trades that offset regulatory adjustments, but details are thin
UK law sparks bonfire of ‘unfair’ structured product terms
Obscure provisions in UK Consumer Rights Act could threaten issuance programmes
‘Lottery ticket’ call options saw big losses on Brexit
Emerging market trades dropped more than 80% after 'leave' vote
Banks ‘hurting, but not dead’ after Brexit shock
Last-gasp hedges may have eased the pain of Brexit for some banks
Volatility traders wrestle with digital risk of Brexit
Skew on major indexes leaps after market wakes up to risks of UK's referendum
Funding flap: dealers slam NSFR impact on derivatives
Banks fume over “extremely punitive” funding costs from liquidity rule
Risk España Rankings 2016
Global banks advance in the scramble for supremacy
SEC legal hurdles threaten non-US CDS dealers
Row over access to books and records threatens to undermine registration rules