Dodd-Frank Act
WHAT IS THIS? Properly known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, this controversial US legislative package enacted a host of reforms agreed by the G20 nations in the aftermath of the financial crisis, including rules on the clearing, execution and reporting of standardised swaps. It also introduced the Volcker rule ban on proprietary trading by banks, and a new way of liquidating big institutions.
Energy firms scramble to avoid swap dealer label
Switching to futures and rewriting corporate websites could help reluctant energy companies avoid having to register as swap dealers under Dodd-Frank, reports Alexander Osipovich
Futurisation worries end-users of OTC energy derivatives
The right tools for the job?
NDF traders face up to Sef reality
Non-deliverable forwards are likely to be mandated to be traded on swap execution facilities before any other foreign exchange products, but are traders ready?
Prime brokers see value in hedge fund clients, says former Newedge general counsel
Evolving relationships
RBS Libor fine confirms CFTC intent to police global markets
Hedge funds around the world need to take note of the recent fine imposed on Royal Bank of Scotland and the extraterritorial reach of the the US Commodity Futures Trading Commission.
Firebreaks and stable doors
Firebreaks and stable doors
Sommers blasts CFTC's approach to Dodd-Frank
Compliance timetable for new swap rules was too aggressive, says outgoing CFTC commissioner
Operational risk issues in the insurance sector
Insurers face many of the same regulatory challenges as banks, but are well behind them in many cases
Algomi: Former UBS platform guru pushes aggregation
The matchmaker
Editorial: The definition of extraterritorial
New meanings
Exchanges woo insurers with futures alternative to OTC swaps
With the price of over-the-counter swaps predicted to increase as new derivatives rules take effect, futures are being touted as an efficient alternative hedging tool, but are they a perfect fit? Blake Evans-Pritchard reports
Risk.net poll: Regulators not giving enough information
The vast majority of respondents feel regulators have not provided them with sufficient information to implement new derivatives rules
Dodd-Frank will hit Asian banks onshore in the US
Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from…
US firms returning to iron ore derivatives after SGX and CFTC clear regulatory obstacles
The CFTC’s no-action relief letter issued late last year and SGX’s upcoming iron ore futures contract have ended uncertainty and brought back hesitant market participants
Global liquidity flows threatened by Dodd-Frank provision on foreign banks
Japanese banks criticise proposed US regulation of foreign banking entities
DTCC threatens lawsuit over CME SDR plan
Depository Trust & Clearing Corporation could take legal action to stop proposed rule that would force CME clearing customers to report to its own SDR
A year of market movement and trading opportunities
Sponsored forum: US inflation derivatives
Japan: Initial margins on OTC clearing of forex swaps not desirable
Japan questions the current framework for clearing foreign exchange derivatives
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
OCC denies swaps push-out protection to non-US banks
Foreign banks have until July to push out derivatives activities after OCC guidance repeats Dodd-Frank drafting mistake
Sponsored survey analysis: Ordnance Survey
Future risks for 2013 – What does the risk landscape look like?