Top story
Banks seek to counter FRTB internal model add-on
Parallel shifts and trading desk reshuffles mooted as fix for non-modellable risk factors
LCH-JSCC basis rockets for cleared yen swaps
Cost of receive-fixed swaps at JSCC jumps fivefold in a week
Cold comfort for dealers at crunch FRTB meeting
Banks and regulators make little headway on P&L variance test
Regulators have 'keen interest' in FRTB liquidity effect
Isda AGM: Japan central banker says regulators should analyse liquidity impact of capital rules
Buy side turning to stress tests to manage liquidity
Asset managers look beyond quantitative metrics for hard-to-model risk
Insurance Sifi rules squeeze the balloon on US annuities
Non-bank Sifis continue to sell assets, despite MetLife's court win
Industry calls for US Simm model approval guidance
Isda AGM: US banks in the dark over uncleared initial margin model approvals
EU energy firms ‘working in the dark’ on Remit reporting
Uncertainty lingers even as firms begin reporting bilateral power and gas trades
MUFG head criticises internal modelling restrictions
Isda AGM: Mitsubishi UFJ Group CEO also sounds warning on sovereign risk weights and CVA
BoJ: unsecured overnight rate top pick for Ibor alternative
Isda AGM: New rate would complement rather than replace existing ones
FRTB packs bigger-than-expected capital punch
Industry study challenges regulators' estimate of a 40% capital increase
Massad denies silencing position limits analysis
CFTC economists stopped from critiquing proposed rule due to “priorities”, not politics
LCH and dealers clash over loss allocations
Isda AGM: CCP equity should not be spared, say clearing members
Standardisation ‘a must’ for uncleared swaps
Isda AGM: Standard products and contracts key to product's future, say trading execs
Fintech needs new regulatory framework, says Mizuho chief
New technology creates fresh risks, which require supervision, says Sato
JFSA calls for more dynamic approach to bank regulation
Isda AGM: Regulators need to rely less on uniform rules and work more closely with banks, says Mori
Apra softens uncleared swaps margin rules
Australia's regulator follows JFSA and HKMA, as Asia leads in proposing margin-posting exemptions to non-netting countries
Isda chair on twin threats facing OTC market
Capital a “sword of Damocles”, says Litvack; cleaner CSAs will fix valuation woes
Insurance regulators blamed for Priips delay
Dealers welcome late changes to product risk rating parameters
Japanese regulator defends risk-based capital rules
Shirakawa warns binding leverage ratio could harm banks' risk management practices
Bloomberg works with banks on FRTB data pool
Pooling market risk factor data could cut capital requirements
Totally skewed: US annuity hedges magnify S&P volatility
Dealer hedging of popular retirement products affecting index greeks, say traders
European banks face steep op risk capital hike from SMA
Op risk accounts for 28% of US banks’ RWAs, compared with 12% at European banks
Corporates fear price rises if Basel curbs credit risk models
Trade finance exposures would move to standardised approach