Credit

Latest articles

  • Trade associations call for benchmark regs rethink

    Trade associations call for benchmark regs rethink

    Four trade bodies have called for the EU Benchmarks Regulation (BMR) to be changed, in order to prevent what they see as the potentially disastrous consequences of many third-country benchmarks ceasing to be allowed from the end of next year.

  • Covid claims another conference, as ISDA cuts AGM

    Covid claims another conference, as ISDA cuts AGM

    The derivatives industry has lost another of its major conferences after the International Swaps and Derivatives Association (ISDA) was forced to cancel its annual general meeting amid the spread of the coronavirus and related travel restrictions.

  • Commissioners support end of name give-up rule

    Commissioners support end of name give-up rule

    Post-trade name give-up on swap execution facilities (SEFs) is set to be consigned to history as a majority of commissioners on the Commodity Futures Trading Commission (CFTC) came out in support of a rule that will largely restrict the practice.

  • People moves in brief

    People moves in brief

    Bagshaw heads to HSBC, Deutsche replaces him — Citi's Kemp retires — Karolev moves to JP Morgan

  • EU moves fast on clearing resolution, knocks out open access

    EU moves fast on clearing resolution, knocks out open access

    The European Parliament reached a quicker than expected agreement on central counterparty clearing house recovery and resolution on Tuesday night, settling on a framework for second skin in the game requirements and also pushing open-access rules out for another year.

  • Citi clearing chief retires

    Citi clearing chief retires

    Jerome Kemp, global head of futures, clearing and collateral at Citi, and a leading figure in the derivatives clearing market, has retired after 36 years in the industry.

  • CCP resolution talks stumble over second skin

    CCP resolution talks stumble over second skin

    European Union institutions failed on Friday to reach a deal on a clearing resolution scheme, due to disagreements on whether the second skin in the game should be prefunded or not. The EU Commission is now suggesting a middle way that will be debated on Tuesday evening.

  • Crisis Talk — with Christopher Giancarlo, former CFTC chairman

    Crisis Talk — with Christopher Giancarlo, former CFTC chairman

    Chris Giancarlo was the 13th chairman of the Commodity Futures Trading Commission, the US’s top derivatives regulator, until last year. Before his five years at the helm of the CFTC he enjoyed a successful career on Wall Street, which included a 13-year stint as executive vice-president of GFI Group. Since leaving the commission he has focused on digital asset technology, in particular the development of a digital dollar. GlobalCapital caught up with Giancarlo to discuss regulation during the coronavirus crisis and the future of cryptocurrencies.

All Articles