Latest regulation & clearing news

• FIA calls for public scrutiny of 'de minimis' calculation

  

  The Futures Industry Association (FIA) has called for greater transparency in efforts by US regulators to determine the method for calculating the notional threshold at which dealers have to be registered as swap dealers.

  • 14 Aug 2018

• Default resources concentrated at two CCPs, say watchdogs

  

  Financial resources dedicated to protecting central counterparties from defaults are becoming increasingly concentrated at two CCPs, according to a report by global watchdogs released on Thursday.

  • 09 Aug 2018

• Initial margin phase-in is not gradual, says FCA report

  

  A research note by the Financial Conduct Authority (FCA) has concluded that the phase-in of initial margin requirements for non-cleared derivatives trades will largely fail to make the process “gradual” and easier to stomach for UK counterparties.

  • 06 Aug 2018

• LCH powers on in face of Brexit contingency plans

  

  Deutsche Bank's decision to clear around half of its euro swaps business in Europe might have caused a stir in the Square Mile this week but a closer look at the overall clearing numbers show that London continues to dominate the global swap clearing markets, writes Ross Lancaster.

  • 02 Aug 2018

• SGX proposes new CCP tools to manage member defaults

  

  As lawmakers and regulators grapple with the increasing systemic importance of clearing houses (CCPs), Singapore Exchange on Thursday proposed new rules for its derivatives clearing house and central depository to better manage a member default.

  • 19 Jul 2018

• US House of Reps green lights options capital relief

  

  The US House of Representatives on Tuesday unanimously approved a bill that aims to increase the risk sensitivity of the capital treatment of certain cleared options.

  • 11 Jul 2018

• Nomura slashes EMEA markets business as pressure mounts on volumes.

  

  Nomura has unveiled a big redundancy round in its EMEA global markets operation, with more than 50 front office staff at risk. The move comes as volumes in European fixed income disappoint once again, setting banks up for a rough set of second quarter numbers.

  • 05 Jul 2018

• AMF bangs drum on post-Brexit clearing supervision

  

  French markets regulator, Autorité des marchés financiers, has expressed concerns over the supervision of UK clearing houses after Brexit, suggesting that UK home country supervisors may not focus on the stability of the European Union.

  • 05 Jul 2018

• FMSB firms up standards for new issue hedging

  

  The FICC Market Standards Board has released its final standard for conduct in new issue hedging, following a consultation launched in October last year.

  • 03 Jul 2018

• ESMA urges nuance on pension fund clearing

  

  The European Securities and Markets Authority (ESMA) has encouraged competent authorities to “not prioritise” penalising pension funds as the regulator prepares for a period where the institutions will not be granted an exemption from clearing their derivatives.

  • 03 Jul 2018

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