October 2018

'Articles' UK withdrawal from the EU: Changes to PRA Rulebook and onshored Binding Technical Standards 25 October 2018 | The Bank of England Feed

Consultation Paper 26/18

'Articles' Update to firms on the Bank’s regulatory approach, and firm preparations, for EU withdrawal 25 October 2018 | The Bank of England Feed

Letter to CEOs of PRA-regulated firms from Sam Woods (PRA CEO and Deputy Governor for Prudential Regulation)

'News' The Need for Speed - Part II 22 October 2018 | Bill Hodgson

Opening up the market in South Africa: The need for speed part 2

'News' Smart Clearing of NDFs via Quantile 22 October 2018 | Bill Hodgson

Is your firm clearing NDFs? What you need is a smart way to transfer risk into a CCP to optimise your netting and margin

'News' ESMA Charts Illustrate the Brexit Concentration Risk for Europe 18 October 2018 | Bill Hodgson

This chart shows without question what a disaster it would be if a legal or regulatory barrier is erected down the English Channel (French: la Manche, "The Sleeve"; German: Ärmelkanal, "Sleeve Channel"; Breton: Mor Breizh, "Sea of Brittany"; Corni

'News' Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives 18 October 2018 | BIS Feed

Make sure you put in your views on why capital for client clearing is an issue. 

'Articles' Clearing Incentives, Systemic Risk and Margin Requirements 17 October 2018 | ISDA Feed

Central clearing of standardized derivatives and margin requirements for non-cleared derivatives are two of the basic tenets of global financial regulatory reform.

'Articles' RegTek.Solutions wins ‘Best Compliance and Regulatory Solution’ Award 11 October 2018 | RegTek.Solutions Feed


'Articles' Derivatives, the Cloud and the source of truth 10 October 2018 | ClarusFT Feed

Bill: ClarusFT put some distance between their platform built in the cloud from scratch and take a jab at 'legacy' vendors who have a history of software on the ground instead of up in the cloud(s).

'News' The FCA consults on its approach ahead of the UK’s exit from the EU 10 October 2018 | Financial Conduct Authority Feed

The Financial Conduct Authority (FCA) today published two consultation papers, setting out its proposals in the event the UK leaves the European Union on 29 March 2019 without an implementation period.  It also set out its approach to the regulati

'Articles' Industry Groups Set Out Impact of Hard Brexit on Derivatives 09 October 2018 | ISDA Feed

ISDA, the Association of German Banks (Bundesverband deutscher Banken), the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari), the Banking and Payments Federation Ireland (BPFI), the Danish Securit

'Articles' ISDA and KWM Publish Practical Framework for Constructing Smart Derivatives Contracts 03 October 2018 | ISDA Feed

ISDA and law firm King & Wood Mallesons (KWM) have published a new whitepaper that sets out the steps for developing smart derivatives contracts, part of ISDA’s broader work to drive further standardization in derivatives markets and facilitat

'Articles' Whitepaper series “Incentives to Clear” 01 October 2018 | ISDA Feed

As part of its efforts to understand the progress of and issued connected with derivatives market regulatory reforms, the Financial Stability Board (FSB) tasked its Derivatives Assessment Team (DAT) with analysing the impact of Group of 20 (G-20)

'Articles' IBOR replacement (end-2021) why firms need to act NOW 01 October 2018 | The Field Effect Feed

September 2018

'Articles' European banks mull leaving UK derivatives market | CCP Notice to Close Out Coming? 30 September 2018 | Financial Times | Clearing and Settlement Feed

Rising concern among executives about access to clearing houses after Brexit

Bill: Epic consequences for UK CCPs in late November or early December if there is no Brexit deal enabling clearing into the UK. Worth a read.

'Articles' Forget the headlines: What you really should know about the nasdaq default 28 September 2018 | OpenGamma Feed

You’ve probably seen the headlines about the trader who blew ‘€100m hole in Nasdaq’s Nordic power market’. This was a timely reminder of the potential impact of market defaults, coming as it did 10 years after the failure of Lehman Brothers.

'Articles' The end of LIBOR : are you ready? 26 September 2018 | Bill Hodgson

In less than three months, many firms must be able to convince regulators that they’re ready for the transition away from LIBOR. The ‘Dear CEO’ letter sent this week outlines what the FCA and PRA are expecting from major banks and insurers, but it also serves as a reminder to all LIBOR users to make sure they have a ‘robust written plan’.