Custody risk
CCPs need thicker skins - Citi analysis
Analytical approach suggests CCPs should be putting more of their own capital at risk
Fresh delay will push EU-US CCP row into September
Decision had been expected in July; dealers sceptical new timeline will hold
Totem poll: users of Markit service call for change
Libor-like consensus methodology creates bad incentives, clients fear
All change at Financial Conduct Authority: CEO steps down
Tracey McDermott takes over from Wheatley in acting role from September 12
CFTC’s Stewart blames EU for equivalence failure
Risk Derivatives Clearing: EU stance on equivalence is "unfortunate", CFTC lawyer says
CCPs urged to implement liquidity risk charge
Quant Congress USA: liquidity charge might have exposed London Whale, academic claims
Fed economist sees gaps in CCP risk management
Quant Congress USA: CCPs struggle to model conditional losses and auction behaviour
Singapore clearing mandate timed to avoid US/Europe overlap
With sufficient clearing options now available MAS is ready to set out clearing mandate
Target2-Securities: so far, so good as first systems go live
Pan-European securities settlement platform goes live on time and with minimum disruption
UOB Bullion and Futures aims for global clearing role
Singapore broker sees opportunity in banking's changing competitive landscape
High securities borrowing costs limit China hedging options
Recent falls on China's stock markets highlight the need for hedging tools – but these remain limited
Asifma: OTC extraterritoriality to boost Asia's capital markets
Asifma CEO, Mark Austen, says the resultant Asia regulator co-operation will have long-term benefits
Evolving reporting/valuations in $2.8trn fund admin survey
National regulator AIFMD validation checks said to be neither uniform nor consistent
DTCC's Abel flags three hurdles to US shift to T+2
Abel gives his thoughts on T+2 ISC's white paper and proposed timeline
Clearers challenge Massad over EU client protections
Affiliate and client positions not commingled, they argue
CME-LCH basis to persist, say dealers
Banks not convinced by CME plans to lure dealers from LCH.Clearnet
CCP wrangling sparks new frontloading fears
Dealers fear trades could be booked at CCPs they are not able to use
Q&A: Iosco’s Medcraft on CCP stress testing
CPMI-Iosco launch fact-finding mission on CCP risk management
Gross margin move unlikely, says EC's Pearson
A European move to two-day gross CCP margin "doesn't really work"
EU revisions to uncleared margin rules address industry fears
Cash collateral escapes haircut and third-country corporates get a carve-out
EU regulator renews attack on US CCP margin rules
Esma’s Verena Ross warns against one-day regime for house accounts
Simon Puleston-Jones: Calling time on futures reporting
Regulators get "no meaningful data" from reports, argues FIA Europe head
CCP stress-test rifts emerge as review gets underway
Banks, clearing houses and regulators all divided on question of standardised tests
Eurex looks to provide third-party clearing services in Asia
German firm aiming to support regional clearing market with one central offering