Bank of Canada (BoC)
Canada benchmark shaken by T+1 hedge fund influx
Shortened settlement cycle swept hedge fund trades into Corra, making the rate more volatile
Canada approves term Corra rate
CARR restricts use cases but mulls allowing interdealer hedging of derivatives on new benchmark
FSB: third of climate stress tests not tackling physical risk
Six jurisdictions conducted exercises only for transition risk
How requests for quotes could amount to ‘insider information’
Lawyers say Esma’s incoming pre-hedging guidance could make firms liable for multimillion-euro fines
Canada term rate plan sparks ‘inverted pyramid’ debate
Some dealers push back on forward-looking Corra proposal amid low derivatives liquidity
Lifetime achievement award: Mark Carney
Risk Awards 2022: The calm at the eye of the storm of post-crisis regulation and climate risk management
Canada looks beyond bankers’ acceptance market in rate reform
Banks “moving away” from antiquated lending practice that is a key input for CDOR benchmark
People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
Latest job changes across the industry
Lower margin can fuel procyclicality in CCPs – research
Efforts to prevent ‘margin spiral’ during stress could encourage more risk-taking, paper argues
Crypto or super-correspondents: central banks look to the future
Research lays out three ways forward for cross-border payments
Canadian CROs play down threat of mortgage exposure
Burgeoning loan portfolios no cause for concern despite Moody’s downgrades, risk chiefs claim
Central banks eye advantages of digital currencies
BoE economist says digital currencies might improve real policy rates, tax rates and bank competition
Central banks are not fintech accelerators – Bundesbank
German payments authority says fintech should receive equal regulatory treatment to banks
Canada to collateralise cross-currency swaps
Finance ministry hopes two-way CSAs will cut costs and risks on hefty swaps flows
Icap announces group chief risk officer, and other recent job news
Wendy Phillis joins from State Street Global Markets
Culture, acquisitions and regulation at Scotiabank
An acquisitive spirit
Risk & Return Canada: CBA slams ‘regulatory risk’
Policy head at Canadian Bankers Association expresses fears about side-effects of regulation; other speakers complain about "alphabet soup" of new rules
CCIL: The benefits of fragmentation
Fragmentation benefits
Carney to banks: stop blaming each other
Mark Carney, Bank of Canada governor, tells banks to stop accusing others of bad behaviour
ASX vs LCH in race to be Australia's OTC clearer
Home-town blues
Op risk in Canada: a recipe for success
Oh, Canada