International

Capital / Liquidity

Majority of Banks Unprepared for FRTB’s 2022 Deadline – Report

By Manesh Samtani | 20/09/2018

An IHS Markit survey of 34 banks in North America, Europe and Australia suggests the industry needs to move more quickly to get their target risk architectures for FRTB in place by 2022.

Market Infrastructure

High Speed Markets a Challenge for Central Banks

By Manesh Samtani | 20/09/2018

Modern market infrastructure and the volumes of data they bring present a challenge to central banks in the way they monitor markets to fulfil their mandates.

Securities / Derivatives

IOSCO Publishes Guidance Addressing Equity Raising Conflicts of Interest

By Editors | 19/09/2018

The guidance comprises eight measures to address conflicts of interest and sets standards of conduct for market intermediaries in the equity capital raising process.

Market Infrastructure

Independent Amount – 10 Years and No Change Since Lehman Collapse

By Matthieu Sachot | 19/09/2018

Counterparties are exposed to material downside risk in posting collateral without restrictions on rehypothecation or non-segregation, says Matthieu Sachot at Chappuis Halder & Co.

Market Infrastructure

ISDA Forum: Asia’s Banks Not Ready for 2020 Initial Margin Deadline

By Garima Chitkara | 18/09/2018

Banks and buy-side firms should begin compliance processes to meet the September 2020 deadline as early as possible, urged panellists at the ISDA Industry and Regulatory Forum.

AML / KYC

Global Regulation Continues to Increase KYC Complexity – Accuity

By Editors | 18/09/2018

The KYC process has become increasingly complex, with rising costs, onerous processes and a skills shortage presenting challenges for compliance staff, says an Accuity report.

Market Infrastructure

NEX Launches OTC Derivatives Reporting Solution in Australia

By Editors | 17/09/2018

The solution ensures data integrity and quality before delivery to CME Group or DTCC Asia licensed trade repositories.

Market Infrastructure

Capital Regime a Key Impediment to Accessing Central Clearing

By Manesh Samtani | 13/09/2018

FIA, IFF and GFMA said in a consultative response that the current capital regime overstates the risks of client clearing and raises the costs of providing client clearing services.

Market Infrastructure

DTCC Identifies Post-GFC Opportunities to Enhance Financial Stability

By Manesh Samtani | 13/09/2018

Ten years after Lehman Brothers became insolvent, additional work is needed to fully address financial system vulnerabilities, while at the same time new risks have emerged.