Bank for International Settlements (BIS)
ETF players plan association to counter regulatory concerns
Lyxor and Deutsche Bank invite other European ETF providers to join a conference call next week to discuss the setting up of a new industry body
OTC markets stagnated in 2010, BIS says
Notional volumes record modest growth in late 2010 after falling in first half of the year
More ETF regulation expected following BIS, FSB and IMF scrutiny
In the week that three intergovernmental bodies turned their focus on the ETF industry, market participants say they see more regulation ahead
Isda AGM: clearing regionalisation comes with costs, warn Shirvani and O'Connor
Outgoing and incoming Isda chairs warn multiple CCPs with divergent standards will threaten market liquidity
Regulators may keep it simple for Sifi selection
Regulators may keep the rules simple for Sifi selection process
Derivatives exchange volumes leap 26%
Derivatives exchanges report a spike in trade volume on the back of growth in Asia-Pacific and Latin America, and strength in the commodities sector.
BIS: Investors dumped rate protection in late 2010
Open interest in interest rate derivatives dropped again in Q4
CPSS-Iosco proposes risk standards for CCPs
Central counterparties should be ready for failure of one or two largest customers, regulators suggest
Industry in flux as electronic trading and risk control comes to the fore
Creative destruction
BoJ governor becomes vice-chair of BIS
BoJ governor becomes vice-chair of BIS
BIS reviews macroprudential literature
Literature review published by the Bank for International Settlements finds gaps in assessing the effectiveness of macroprudential tools, studying interaction with monetary policy
Shirakawa named as BIS vice-chairman
BoJ head takes senior role at BIS
BIS: listed derivatives activity dropped in third quarter
Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.
BIS survey shows OTC market levelling off
Notional volume and credit exposures are growing more slowly, latest market data shows.
Current models limited says Joint Forum report
A report by the Joint Forum – a group looking at issues common to the banking, insurance and securities exchange sectors - says risk aggregation models used by all three industries contain significant weaknesses
On the move
On the move
BIS must fix data gaps: Bank of England paper
Bank of England paper identifies specific information gaps in cross-border banking statistics published by Bank for International Settlements; improvements thought to be under way
BIS appoints new Asian Consultative Council chair
Japan's central bank governor will become new chair of BIS Asian Consultative Council
Derivatives growth slowed over crisis, BIS finds
Growth was flat in several interest rate and forex derivatives categories between 2007 and 2010
CVA and the equivalent bond
CVA and the equivalent bond
Basel Committee to rethink CVA capital charge
Regulators might adapt the bond-equivalent approach amid claims the methodology will lead to perverse incentives
Regulators tout new impact studies as proof of Basel III’s viability
Basel Committee and FSB studies play down the economic impact of Basel III - proof, regulators say, that the reforms are fit for purpose.
Asia Risk 15: Derivatives regulators ask the wrong questions and get the wrong answers
Regulators globally are grappling with legislating the derivatives sector, but the first hurdle to overcome is to understand how exactly the industry works. Satyajit Das argues it is important to first come up with the correct definitions before…
Asia Risk 15: Derivatives netting not fully in place in Asia
The standardisation and enforceability of documents represents a cornerstone of the over-the-counter derivatives market in Asia. But as the sector continues to grow, risk mitigation from close-out netting has yet to gain legal certainty in many …