Asia Risk - Jul/Aug 2017
July/August 2017 issue features articles on: the rule change that threatens Formosa hedging; BCBS grapples with floor calibration; Japan unhappy over EU ring-fencing plan; top spot for StanChart, HSBC in our corporate and institutional rankings
Articles in this issue
What the ambitions of China’s banks mean for Hong Kong
Political war of words over former colony means little; it’s the appetite of mainland banks for local dominance rivals should watch
World Bank bets on compression for EM currencies
NY-based start-up LMRKTS gets backing to support illiquid markets
Surprise RMB strengthening prompts unwinds
“A lot of long [US$] positions were unsustainable and had to be re-evaluated,” says forex structuring head
Asian privacy laws obstruct FRTB data pooling efforts
Bank scepticism and regulatory hurdles likely to inhibit cross-border information sharing
Lawyers divided over Isda’s China netting memo
New legal guidance spells out how close-out netting may be achieved, but critics say it’s impractical
Australia’s bank levy could squeeze TLAC drive
Issuing Tier 2 and senior unsecured debt will become more expensive for the top four banks in the country
Just six banks caught by phase two of IM regime
Four EU, one Japanese and one Australian bank to start posting initial margin on non-cleared trades from September
People moves: Hsu swaps HSBC for StanChart
Also: Instinet hires Asia-Pacific CEO, China chief for Citi, IDFC Bank names new chief exec; and others
Margin rules spur Middle East netting upgrades
Bahrain, Qatar, UAE seek to bolster swaps safeguards
A regulatory storm hits China
Regulators are imposing a new wave of tighter financial supervision
Formosas, the Fed, and the billion-dollar Bermudan trade
Rates options desks on alert as decline in Formosa bond issuance could hit profits and raise US volatility
Basel capital floor faces credit risk eclipse
Impact of capital floor depends on new credit risk rules and changes to treatment of provisions
Caught in the branches: Japan rebuffs EU ring-fencing plan
Proposed rules for foreign banking group supervision will disrupt business and resolution plans, says JFSA
Asia Risk Corporate & Institutional Rankings 2017: The winners
Standard Chartered and HSBC top the tables
Model calibration with neural networks
Andres Hernandez presents a neural network approach to speed up model calibration
