Opinion/Our take
Transparency may be hazardous to your health
Esma should fine-tune Mifid II disclosure rules before they wreck markets
MetLife judgement demands more than a change of process
Court decision to overturn Sifi status reopens debate on vulnerability of insurers
Operational excellence is what the public deserves
Public sector institutions must learn from best practice in the private sector
SEC’s fund leverage cap needs revising but the idea is sound
Simplicity is welcome – up to a point
When it comes to correlation, cleaning is a chore that pays
Recent trends in research may help firms obtain reliable correlations from limited data
An encouraging shift in Asian LNG
Changes brewing in Asia are a reminder that trading can be a social good
Outsourcing can be beneficial, but it isn’t magic
Making use of third-party vendors changes your risk; it doesn't cause it to vanish
Giving the Omega ratio a new lease of life
Johnson-Omega could change the way financial firms measure portfolio performance
Managing XVAs: from whack-a-mole to Mortal Kombat
Joined-up effort to tackle XVAs reflects growing impact of derivatives valuation adjustments
DVA shift a net positive for structured notes
Most structured note businesses likely to welcome accounting change
Why feedback loops could tie regulators in knots
Growing awareness of endogenous risk raises difficult questions about too-big-to-fail approach
CFTC does the right thing on trade reporting
US regulator finally moves to clean up its own swap data mess
Conduct risk: a useful way to carve through chaos?
Conduct risk is a hazy idea, whose success will depend on its effectiveness in managing risk
What credit auction friction says about the OTC market
Benefits of risk bifurcation threatened by collateral conflicts
How many ways to win in swaps?
Citadel's success – and talk of swap desk spin-offs – suggest era of greater diversity
The case for levying an Eiopa 'tax'
Chair is hopeful European Commission may address structural problem of funding regulator
FVA sceptics lose ground in valuation debate
Market needs to move on from theoretical argument and focus on numbers
Banks hold advantage in clearing contract talks
Buy side losing battle with prospective clearing members
Cyber risks are silent, deadly and often mundane
Fear of submarine-like attack overshadows more dangerous, less scary cyber threats
Insurers should prep for questions on pro-cyclicality
Regulatory agenda shifting to systemic risk of herding
The drawn-out death of a standard IRRBB charge
For 23 years, regulators have been trying – and failing – to standardise banking book rates risk
Surprise answer to regulatory squeeze: use more swaps
New rules could push buy-siders towards synthetic strategies
Collateral or settlement: capital cut rests on role of VM
Questions about status of variation margin are more than semantics
Proprietary indexes: private products face public scrutiny
Post-UBS enforcement action, what next for custom indexes?