US regulators should work to harmonise rules stemming from the Dodd-Frank Act and ensure central counterparties are more resilient, according to the International Swaps and Derivatives Association.
Financial Conduct Authority chief executive Martin Wheatley has announced he is to stand down in September this year.
Some of the world’s largest asset managers, including BlackRock, Fidelity and Schroders, have voiced their concern to the European Commission on how clearing houses treat investors funds in times of a member default.
Members of the Financial Stability Board have once again suggested that asset managers could be a source of systemic risk to the global economy but the UK’s Investment Association is having none of it. Joe McGrath investigates…
The Bank of England is taking steps to allow banks to pledge equities as collateral, in a move that would provide greater flexibility to banks during times of financial stress.
Eurex Clearing has been authorised by German regulator BaFin to clear inflation swaps, squaring up with rival LCH.Clearnet which was permitted to clear the products in April.
Market participants on both sides of the Atlantic are concerned about the increasing costs of staying compliant with OTC derivatives trade reporting requirements.
Economists have warned that reforms to the Chinese equity markets may slow as a result of the recent losses witnessed on the Chinese stock market.
The world’s largest banks and market infrastructures have teamed up for a new utility aimed to reduce the number of disputes over margin flows for over-the-counter derivatives.