In keeping with my passion and theme of 'Chaos to Clarity', I want to decode CFTC's Straight Through Processing (STP) 10 minutes rule which has gone into effect on August 1, 2016.
At a recent webinar hosted by Riskfocus we discussed trade reporting. There is no end of research extoling the grim realities or lamenting the high costs and negative impacts of Trade and Transaction Reporting, unfortunately, it’s not going away. We thought it was time to explore the positive perspective. In this enhanced recording of a live event on June 30th we asked four firms with varying stakes in the Trade and Transaction Reporting domain to discuss the perceived, achieved and potential positives to be gained from this unavoidable obligation. Watch the recording of the event with added video, audio and slides to understand the positive opportunities that come directly or indirectly from trade reporting.
In this video our panel discusses the latest research into the effects of mandatory clearing and bilateral margining on your collateral management activity. Part 2 covers Preparations for the Uncleared Margin rules at Commerzbank, Poll 2 - What is Your biggest problem preparing for the uncleared margin rules?, Trends in Collateral Management, The economics of collateral, Centralising Collateral Management and Poll 3 - Does your firm have a program to centralise collateral management?
A very important post from DRS on the European timing of the un-cleared margin rules - they did well to interpret the fog of communication from the European Commission.
The Financial Conduct Authority (FCA) has today published its second consultation paper (CP16/19) on the implementation of the Markets in Financial Instruments Directive II (MiFID II) in the UK.
Speak to anyone who knows a thing or two about the infrastructure that the modern world is built on – roads, rail, power generation and supply, etc – and they will tell you that often the biggest obstacle to its improvement is the ‘legacy’ issue.
The world has changed significantly since we launched the Duco Cube service in April 2013: ‘best of breed’ hosted services have gained traction and are helping firms across the finance industry to cut costs, cope
In this video our panel discusses the latest research into the effects of mandatory clearing and bilateral margining on your collateral management activity. Part 1 covers: The background to cash as collateral; Regulatory and market initiatives; Fragmentation of the OTC market; The uncleared margin regulations and Poll 1 - How familiar are you with the Uncleared margin rules?
Learn Everything About MiFID in One Easy Place using This Interactive Web Based Viewer
Fleming's long-established European edition of the Collateral Management Forum will celebrate its 10th anniversary in 2016. OTC Space registered readers can take advantage of a 10% discount on registration.
Speakers will be making the case for adoption, highlighting what the business cases are and where strategy meets with implementation. OTC Space registered readers can take advantage of a 15% discount on registration.
Adjusting the OTC market notionals to re-calculate the effects of compression puts the OTC market at a bigger size than ever, but the reported notionals say otherwise
The link below is to an Excel sheet showing the details of which authority in each country is responsible for which piece of legislation. Sort of handy for compliance people I guess, and also for all the URLs to the regulators websites. Bill
Edd Denbee, Carsten Jung and Francesco Paternò.
Central Counterparties recently published their new CPMI-IOSCO Quantitative Disclosures, meaning we now have three sets of disclosures, so I thought it would be interesting to look at trends in the data.
Diversity is key to the future of the banking industry. Diversity includes an attitude of open-mindedness, and a willingness to value the contributions of employees regardless of their background and lifestyle. There should be training to encourage openness towards different ideas and diversity in thought. This also means a specific focus on gender, race, disability, age and social mobility etc.
This two day advanced level conference programme will provide delegates with advanced theoretical and practical training on documenting and negotiating a broad range of over-the-counter (OTC) derivatives documentation. A 10% discount is available to registered readers of The OTC Space.
Will include topics such as market risk, regulatory spotlight, credit risk, stress testing, liquidity risk, and operational risk. Registered OTC Space readers can make use of a 10% discount on registration for the event.
Razor Risk™ now supports the FRTB – minimum capital requirements for market risk capital reforms. The solution offers financial institutions the ability to calculate and manage market risk capital and performance across desks, business lines or top of house.