International Organization of Securities Commissions (Iosco)
Stretched margins: growing pains for Simm
The standard initial margin model could become more strained as its use expands in 2017
Banks and CCPs clash over non-default losses
Banks balk at being on the hook for losses from investments or cyber attack, but many clearers say the risk should be shared
Brexit will hit equivalence decisions, warns Iosco chair
Asia may face harder negotiations with EU as result of Brexit
Netting questions linger in Asia margining rules
Hong Kong set to exempt non-netting trades from margin regime, following Australian position
CFTC ‘puzzled’ by CPMI-Iosco plan on margin procyclicality
Prescriptive models could increase systemic risk at CCPs, market participants warn
Lawmakers rush to double Euribor panel membership
Benchmark designated “critical” to stem departures and enable transaction-based methodology
Non-cleared margin rules unsettle Asian booking hubs
European banks reluctant to rely on complicated exemptions for inter-affiliate trades
Non-cleared margin rules put spotlight on Blazer market hub
Trade and model mismatches will be key tests for vital margin call service
Year-end deadline for fixing CCP recovery plans 'not realistic'
Some central counterparties are unable to maintain a continuous 'cover two' standard
Brexit lessons on handling redemption runs
July experience shows fund suspensions can be used without spillover effects
Data muddle fears follow EC adoption of key Mifid RTS
Industry wants to avoid the emergence of multiple identifiers and is worried ISINs will not be adopted globally for derivatives
Experts question CPMI-Iosco cyber guidance
Speedy settlement and resumption of services after cyber attack could be counterproductive
Shanghai to be first CCP to clear forex options
New service to debut in August, but liquidity risk has stalled other CCPs
Time to gear up for MVA
Banks must be prepared for the looming rise of non-cleared margin requirements
EC to hold crunch talks on CCP recovery and resolution
European Commission said to be close to unveiling proposal on stricken clearing houses
US regulators favour September margin deadline
September 1 roll-out would threaten bilateral swap trading chasm between EU and US
Interview: Iosco’s Andrews stresses CCP resilience and recovery
CCP resolution spells regulatory failure; guidance to follow on PFMIs and CCP stress-testing
Cyber is just a ‘subset of operational risk’, CISO says
Information security should use same framework as op risk, Cyber Risk Europe delegates hear
Interview: Natasha Cazenave on systemic risk in asset management
Chair of Iosco’s investment management committee welcomes “shift in the debate to an activities focus”
People: Citi appoints new Asia-Pacific commodities head
Stuart Smith to join Citi; Nomura loses Apac fixed-income exec; Alder named Iosco board chair; and others
Three months left: dealers fret over slow start to Simm tests
Banks "still working like mad" in race to implement standard margin model
People: Citi names new global equities co-heads
Guenther rejoins BNP Paribas from Mercuria; Lacour takes helm at HSBC
People: Top quant Lipton leaves Bank of America after 10 years
Return to academia for derivatives pricing expert
BoE's Sonia fixation complicates secured rate transition
Bank's continuation of Sonia could jeopardise shift to secured rate as Libor replacement