Initial margin
House committee calls on Fed to change leverage ratio
US politicians argue "unwarranted" capital burden will hike end-user costs
CCPs confront the difficult maths of default management
The next time a big dealer defaults, it will hit a host of swap clearing houses simultaneously
Goldman client margin soared $4.5bn during wild October
Biggest one-month margin jump of 2014 triggers speculation among rivals
Senate approves margin carve-out for non-financials
Bill confirming margin exemption now needs President Obama's approval
Buy-side firms seek margin flexibility via CSA changes
Collateral transformation facilities being lined up but are not being used
Examining the collateral and liquidity challenge: Derivatives in the insurance industry
Sponsored feature: Northern Trust
US margin rules 'punish lenders', warns CFTC's Giancarlo
Lower threshold in US proposals would catch more medium-sized banks
Credit Suisse replaces Barclays as biggest swaps clearer
Dramatic growth in required swaps collateral at Swiss FCM
Dealers rail at 'absurd' EU margin rules
Draft rules would force EU banks to collect margin from non-EU corporates
Trends in risk management
Sponsored survey analysis: SunGard
Collateral and counterparty tracking: Emerging initial margin requirements
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End-users say non-cleared margin rules will hit hedging
New regime will "make the world safe for banks, but not safe from banks"
EU applies 8% haircut to margin-currency mismatches
European regulators confirm haircut will apply to both initial and variation margin
Covered bond issuers cheer EU swaps margin relief
Regulators recognise collateral posting barriers but set six conditions for an exemption
Corporate hedgers fear OTC liquidity drain
End-user exemptions could prove Pyrrhic victory, says treasury head
Frankel: new QIS needed to avoid pro-cyclical margin
Future crisis could see non-cleared swap margin double, says Goldman exec
Wider clearing scope will create risk, warns Goldman exec
Industry would struggle to hedge risk following a dealer default, says Goldman's Frankel
Dealers push ‘margin-sharing’ as answer to collateral crunch
Approach would be twice as efficient as planned uncleared margin regime, dealers claim
China looks beyond commodity derivatives with equity options launch
New equity options on two exchanges
Insurance risk manager of the year: Axa
Axa moved early to address lapse risk concerns – now a pressing issue for the French insurance sector – and has also been vocal on regulatory change
Risk management system of the year (bank): Barclays
Hedge fund clients of Barclays can use the bank's own margin calculator to construct their portfolios - while the bank uses it to manage net counterparty exposures. Both sides benefit
Pension funds and the collateral crisis
Rising interest rates could leave pension funds facing huge margin requirements, creating an acute liquidity crisis
Initial margin to significantly impact development of Asian derivatives markets: Asifma
Asifma head Austen wants exclusion of initial margin from Asian jurisdictions’ derivatives market regulation
CME threatens to flee US as regulators challenge liquidity of US Treasury collateral
US CCPs may need committed funding to count US Treasury collateral as liquid