Risk.net2 小时
Industry fears Emir 3.0 fast model approval will cause delays
The latest version of the European Market Infrastructure Regulation (Emir 3.0) mandated the European Securities and Markets Authority (Esma) to draft a regulatory technical standard (RTS) that would ...
Risk.net2 小时
No need for repo clearing ‘cannon’ in Europe, says industry
Mandatory central clearing has been an effective weapon in regulators’ arsenal to reduce systemic risks revealed by the financial crisis. As the US places perceived threats in the US Treasuries market ...
Risk.net2 小时
Santander’s operational, securitisation RWAs hit new highs
Operational and securitisation risks at Santander shot up to all-time highs in the fourth quarter of 2024, due to higher revenues and increased market activity. The bank’s operational risk-weighted ...
Risk.net2 小时
Hedge funds flock to hybrids to trade macro uncertainty
Hedge funds are turning once again to hybrid options – a standout feature of 2024’s wave of ‘Trump trades’. This time, though, firms are using the structure to express views on tariffs and the threat ...
Risk.net14 小时
NSCC liquidity shortfalls raise T+1 concerns
NSCC, a subsidiary of the Depository Trust & Clearing Corporation (DTCC), reported a liquidity shortfall of $7.1 billion in ...
Risk.net2 天
Bowman’s ascent sparks office intrigue at the Fed
Recent comments by US Federal Reserve chair Jerome Powell have hinted at the possibility of internal friction within the ...
Risk.net1 天
Surging gross repo costs highlight US dealers’ divergence on netting
Lack of offsetting in GAAP presentation leads BNY and Northern Trust to report paying double- or triple-digit rates on fed funds, repos ...
Risk.net1 天
EU debt wave raises dealer capacity concerns
Dealers have warned of mounting pressure on balance sheet capacity for European government bond and repo, as sovereign debt supply rises with quantitative tightening (QT) and increased defence ...
Risk.net1 天
CFTC’s enforcement resolution sprint has no expiration date
A fast-track process to settle outstanding enforcement cases at the US Commodity Futures Trading Commission is not time-limited, the regulator has clarified, but priority will be given to firms that ...
Risk.net5 天
JSCC, DTCC government bond units see default funds surge
Clearing member contributions to the default fund at the Japanese government bond (JGB) futures and options unit of the Japan ...
Risk.net1 天
AmEx derivatives book grows on interest rate swap surge
American Express swelled its derivatives book over the 18 months ending last year to levels not seen in seven years, with the portion cleared by a central counterparty climbing to its highest since ...
Risk.net2 天
ForexClear posts record $2.8bn aggregate margin call
LCH’s ForexClear called a record $2.8 billion of initial margin (IM) in aggregate on a single day in the fourth quarter of ...