News
Basel set to reopen NSFR derivatives debate
Contentious 20% add-on for derivatives liabilities to be reviewed this October
Totem extends pricing data to 10-year repos
IHS Markit service set to help banks with funding and swaps valuation concerns
People: JP Morgan bolsters commodities research
US bank recruits oil strategist, as Societe Generale, OpenLink and others ring changes
Asia clearing surge raises concerns over eligible collateral
Scarcity of high-quality liquid assets gives rise to liquidity risk worries, say banks
Acadian ends social media data ties with Microsoft Bing
Quant asset manager says it finds more use in orthodox sources of data
Capital rules may be too risk-sensitive, Basel fears
Complexity is slowing roll-out of standards, says Basel Committee deputy
Basel’s Tsuiki: review of bank rules no free-for-all
Evaluation of new framework by Basel Committee will not be excuse for tweaking pre-agreed rules
SG loses veteran global markets sales head
El-Asmar’s role being temporarily covered by markets head, Frank Drouet
Onus to check swap data should be on counterparties – SDRs
CME, Ice and DTCC oppose duty to reach out to non-reporting party for data verification
Bankers warn first TLAC bail-in could spark market shock
Regulators urged to clarify treatment of bail-in bonds under both TLAC and NSFR rules
ECB backed to fix floundering euro swaps reform
Swiss, UK and US progress leaves euro swaps market playing catch-up in rates reform
Banks tout machine learning amid regulatory concerns
Machine learning being used to build challenger models for model validation
People moves: UBS hires new Apac investment bank vice-chair
Also: Commerzbank’s trade finance Asia head; Blackstone nabs JPM Japan chief; and others
Fed G-Sib plan threatens 50bp jump in FCM capital
Banks rail against proposals that would scoop up $46trn in cleared trades
CDS surcharge touted to aid systemic stability
Charges would encourage systemic banks to buy protection from less significant players
Banks fear uneven playing field on NSFR
Asian jurisdictions likely to implement key liquidity metric before US and Europe
SEC delays final decision on DTCC liquidity facility
Regulator says it needs more time to consider market impact of CCLF proposal
EU-US swaps trading equivalence tipped for November
Hong Kong and Singapore unlikely to be deemed equivalent for start of Mifid II
P2P repo platforms in bid to solve US liquidity crunch
New peer-to-peer services claim buy side is failing to reap benefits of higher volumes
Fed official voices support for simpler capital regime
US regulators may consider combining some capital ratios into a single measure
Insurers say capital rule threatens long-duration products
Implied credit charges could triple under one approach being field-tested by regulators
EU trading obligation threatens packaged trades
Banks warn they will have to break up packages and face higher costs for hedging
National curbs hit budding pan-EU settlement market
As T2S approaches final migration, restrictions on primary dealers undermine efficiencies
CCAR feedback prompts banks to improve governance
Dual reviews of stress testing models and scenarios becoming the norm