Credit - All Articles

  • ESMA hurries regulators on improving data supervision

    The European Securities and Markets Authority (ESMA) has called for improvement in national regulators’ supervision of derivatives data.

    • 17 Oct 2019
  • The Old Lady needs to lead on Libor

    The Bank of England should extend Libor beyond its set date of 2021 — or risk financial institutions setting their own rules.

    • 17 Oct 2019
  • Libor end in doubt as market players highlight litigation risk

    Libor may be extended beyond the cut-off date of 2021, sources told GlobalCapital this week, as the market braces for litigation over more than $1tr of Libor-linked mortgages. Tom Brown reports.

    • 17 Oct 2019
  • FSB finds limited progress on G20 reforms

    The Financial Stability Board’s (FSB) annual progress report, published on Tuesday, shows that during the last year there has been little progress in implementing agreed G20 reforms to over-the-counter (OTC) derivatives.

    • 15 Oct 2019
  • CME enjoys record quarter in APAC

    CME Group has reported record quarterly derivatives volumes in the Asia Pacific region along with an upturn in global trading volumes.

    • 14 Oct 2019
  • Unresolved DTO saga furrows path to SEFs

    Antagonism between the United Kingdom and European Union in Brexit negotiations is making interest rate and credit swap market fragmentation more likely by the day, as market participants in both jurisdictions solidify backup plans to trade on US swap execution facilities (SEFs).

    • 10 Oct 2019
  • CPMI and IOSCO lay out derivatives reporting roadmap

    A new report from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) has set out the governance of key over-the-counter (OTC) derivatives data elements.

    • 09 Oct 2019
  • Fed adds support to Volcker changes

    The US Federal Reserve has given its final approval to amendments of the Volcker Rule, joining four other US regulatory agencies in backing relaxations of prop trading restrictions.

    • 09 Oct 2019
  • Bain and Blackstone buyout bonds clamp down on ‘net short’ investors

    The bond leg of the loan-dominated buyout packages for Kantar and Merlin hit the market on Monday, giving investors a chance to buy subordinated debt in size. But both Bain Capital, and Blackstone, the sponsors, have included controversial provisions to limit the rights of noteholders who are ‘net short’.

    • 07 Oct 2019
  • People moves in brief

    MUFG hires derivs head from HSBC — ex-Stan Chart chief to chair ICG — DCM banker goes to sustainable finance centre

    • 03 Oct 2019