European Commission (EC)
Moral hazards for CCPs
Derivatives practitioners fear the political push for central clearing of standardised contracts could create a moral hazard, as clearing platforms might compromise their risk management standards to create a more competitive service. How are regulators…
Stuck in the muddle
Regulators in the US and Europe are making efforts to extend central clearing to all asset classes. However, dealers argue that central clearing does not make sense for foreign exchange. By Alastair Marsh
Corporate concessions
Corporates have argued initiatives to introduce over-the-counter derivatives regulation in the US and Europe will severely hamper their ability to hedge. After an intensive lobbying effort, the politicians appear to be listening. Matt Cameron reports
Torrential reign
It never rains but it pours. International negotiations over the best way to regulate banks and financial markets continue, but bankers had better be prepared because much of what has been discussed in recent months will find its way into