Over-the-counter (OTC) derivatives
To clear or not to clear? Corporates urged to weigh options
Despite hard-won exemptions, corporates should consider the pros and cons of clearing, according to panellists at an ACT event - but treasurers remain unconvinced
Australia waiting for international consensus on central clearing
Australia's latest consultation paper outlines only "incremental steps" to central clearing
Ever heard of the WGMR?
Working Group on Margining Requirements is keeping a low profile
Italy could face more swap terminations
Italian politicians claim Morgan Stanley's swap termination in January will be a one-off - but dealers say Italy's debt office is subject to other clauses that could have the same effect
US clearing head leaves Morgan Stanley
New York-based client clearing head leaves as OTC clearing competition hots up
Canada clearing paper will not address CCP location question
A consultation on OTC clearing is expected in the coming months, but a key question will not be answered
Risk Annual Summit: Central clearing divides buy side
A hammer to crack a nut, or a chance for everybody to win? Buy-side panellists disagree on the merits of central clearing
Risk Annual Summit: CVA rethink needed, says HSBC risk specialist
Market risk hedges should be recognised when calculating CVA capital charge, says HSBC market risk modelling head
Identifiers key to repository success, say participants
Consistent reporting to multiple trade repositories under new OTC regulations will depend on the successful adoption of legal identifiers
MAS brings Singapore regulations in line with global rules on OTC derivatives
Fears that a different approach to over-the-counter derivative regulations in Asia could prompt regulatory arbitrage with Europe and North America have been laid to rest by Singapore’s February consultation on OTC derivatives, explains Cindy Leiw of Isda
Lack of clarity over buy-side derivatives reporting responsibilities
New derivatives regulation will require all derivatives trades to be reported to trade repositories – but some confusion exists over who has the responsibility to report
South African banks will struggle with CCP default fund requirements, say participants
Default fund contributions will be too onerous for South African banks, say conference participants
European regulators undecided on initial margin rules for uncleared swaps
Counterparties will have to post variation margin on uncleared trades – but questions remain over which firms will have to post and collect initial margin
FSA: facing up to cross-jurisdiction conflicts
Juggling across jurisdictions
More sovereigns edge towards two-way CSAs - and clearing
Towards two-way CSAs
Available to trade: row over scope of Dodd-Frank execution rules
Available to trade?
Structured Products Technology Rankings 2012
Shuffling the pack
Central clearing - challenges and progress: part 2
Diana Chan, chief executive of EuroCCP, talks to Jessica Meek on interoperability in cash equities and OTC derivatives
Banks criticise plan to deduct DVA from equity capital
Comment letters from Isda and Bank of Montreal argue Basel Committee proposal on DVA deductions goes too far
Central clearing - challenges and progress: Part 1
EuroCCP's Diana Chan talks to Jessica Meek on the issues facing the clearing industry
CFTC: largest 6% of CDS and rates trades to get block exemptions
Hundreds of OTC product types would receive different reporting and trading thresholds under new CFTC proposals - but there is no exemption for equity derivatives
Futures markets could get OTC-style safeguards
Futures market participants expect tougher - and more expensive - collateral protections to be introduced as a result of the MF Global debacle, and the CFTC is ruling nothing out
Market welcomes ‘pragmatic’ approach to central clearing by MAS
Singapore regulator wants central clearing but is agnostic over where it takes place
OCC: equity derivatives to get a cross-margin service
OCC: equity derivatives to get a cross-margin service