Over-the-counter derivatives
BoE to consult on Sonia clearing mandate
Long-dated Sonia swaps set to lose clearing exemption as liquidity shifts from Libor
BoE welcomes temporary deal on post-Brexit clearing
‘Equivalence’ decision will avoid short-term cliff-edge for CCPs, as Brexit negotiations enter final stages
Reserve Benchmarks 2020 report – charting new data frontiers
Perspectives on staffing, coverage, portfolio construction, benchmarking, external parties and risk
Central Banking’s strategic changes for a new era
New institute, benchmarks, virtual training and online event weeks launched
Collateral posting spreads among swaps users
Following the Bank of England’s example, most derivatives users now have two-way CSAs
EU central bankers urge UK to stay close on regulation
Klaas Knot and Luis de Guindos warn UK could lose out, but Mark Carney says UK needs autonomy
Carney warns Germany and France of Brexit derivatives cliff edge
BoE governor says it is in the “interests” of EU countries to ensure contract viability ahead of Brexit
Regulations lower rates and cause imbalances – BoE paper
Research into repo market highlights some unintended consequences of post-crisis regulations
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
ECB paper analyses eurozone’s interest rate swap market
Trading is concentrated around a small number of core participants, researchers find
FSB highlights more work to do on global reforms
Documents released ahead of G20 argue for additional efforts in several areas
Insights from network analytics in suptech
With regulators leveraging technological innovations to move towards informed, data‑driven decision‑making and automation, supervisory technology is attracting enhanced interest. Kimmo Soramäki and Phillip Straley examine how regulators are gaining…
FSB weighs effects of post-crisis reforms on central clearing
Report finds incentives to centrally clear are strong in the “systemic core” but weaker elsewhere
Hong Kong mandates use of legal entity identifiers for OTC derivatives
LEIs will be mandatory for some firms from April 1, 2019
BoE paper studies ‘multiplex’ network model of derivatives market
Low liquidity buffers can lead to significant spillovers for some firms, authors warn
Is this the beginning of a new era of credit risk management technology?
Webinar: Openlink
MAS aims to move OTC derivatives trading to ‘organised market’
Plan would require around 80% of interest rate swaps to be executed on centralised facilities
Singapore and Malaysia to set up stock market link
The two markets have combined market capitalisation of more than $1.2 trillion
OTC derivatives fall to lowest levels since financial crisis, BIS says
The gross market value of outstanding OTC derivatives contracts falls to below $13 trillion at mid-2017
Russian central bank slams ruling in €1bn Sberbank swaps case
Lawyers say shock court judgement in ruble options dispute “puts hundreds of contracts at risk”
Fixing the ‘perverse incentives’ in the SLR
Richard Heckinger warns supplementary leverage ratio could discourage use of CCPs
Risk management services provider of the year: OpenLink
Findur updates help Bank of Canada to post collateral
First BIS survey data on central clearing shows gaps remain
OTC derivatives surveys capture central clearing for first time