Custody risk
MAS warns on fragmented clearing and reporting
Asian financial markets have made progress in setting up CCPs and trade repositories, but greater harmonisation is needed across borders, Singaporean regulator warns
Risk & Return Cape Town: Treasury official calls for clarity on CCP equivalence
Lack of clarity on CCP equivalency leaves South African rules in limbo, says National Treasury's Natalie Labuschagne
Solving systemic risk in harmony
Regulators face an uphill task fixing the plumbing of global financial regulation, but an organisation waits in the wings ready to be tasked with the job of marrying up the connections
Interview: Six Securities Services' Thomas Zeeb
Six of the best
Esma says national regulators must decide product eligibility for third-country CCP transition period
The European Securities and Markets Authority has addressed some of the concerns over which third-country CCP platforms and products are eligible for the transitional period, which begins on March 15
Italian financial transaction tax under scrutiny
When in Rome
Extraterritorial clash continues for clearing houses
While the Group of 20 nations want to see progress with financial regulatory reforms, individual authorities around the world are reluctant to relinquish domestic sovereignty over standards for central counterparties. Luke Clancy reports
Bloomberg threatens to sue CFTC over swap futures margin
Futurisation sparks struggle between exchanges and Sefs. Bloomberg fears "irreversible harm"
Risk Johannesburg: OTC data fragmentation prompts concern
South Africa's financial stability head warns it will be difficult to make use of data spread across multiple repositories – but South Africa may still set up its own database for rand-denominated trades
Mandate Watch: Citi, SGSS and BNY Mellon win mandates
Outsourcing drives mandate growth
Top 50 Global Custody Mandates Survey 2013
BNP Paribas leads the way in global mandate survey
SEC's last-minute CDS margin fix sparks buy-side anger
Stop-gap margin solution would force most firms to post twice as much collateral as CCP members
First person: Section 871(m) amendment favours single-stock futures
What does the future hold?
Clarity call for trade repository reporting
Quotes of the quarter
Interview: Esma's Steven Maijoor
Esma: on parliamentary pushback and extraterritoriality
Newedge to offer OTC clearing in Asia
Broker seeks to broaden its Asia offering by adding OTC IRS clearing in Singapore
CFTC's Gensler: Industry is ready for March 11 clearing deadline
Preparations are "running very smoothly" says CFTC chairman, ahead of first clearing deadline
Esma urged to flesh out trade reporting rules
The first mandatory reporting requirements in Europe could begin in July, but more detail is needed on how the system will work, market participants say
ASX to use cross-margining efficiencies in battle for Australia clearing market
Australian domestic clearing house hoping to use lower margin costs as a means to win market share
CFTC's 60-second rule will force rejections, FCMs warn
Given a minute to accept or reject trades for clearing, FCMs warn they will err on the side of caution
Options clearing pushed to 2014 as solution search begins
As the search for a viable clearing mechanism for FX options begins, market participants suggest clearing won't begin before 2014