Top Section/Ad
Top Section/Ad
Most recent
Artificial intelligence’s capabilities could speed up some of the work involved in securitization, but its implementation poses risks. Building governance frameworks is key to deploying the technology safely, writes George Smith
Specialist mortgage lenders are optimistic that funding for asset-backed lending will improve in the long run, despite the difficult developing situation around the fall of specialist bridging lender Market Financial Solutions, writes Tom Hall
The possible further internationalisation of the covered bond market will present challenges as well as opportunities
DLT expertise will be needed as markets are modernised
More articles/Ad
More articles/Ad
More articles
-
Some dealers are concerned a Commodity Futures Trading Commission proposal on regarding membership criteria for dealers in central counterparty clearinghouses could open the door for entities who lack market-making experience in credit default swaps. They may, in turn, misuse capital that should be reserved in the case of default.
-
With the move towards establishing central clearinghouses and data repositories, politicians and regulators around the world are debating whether to establish a national central clearinghouse and national data repository for over-the-counter derivatives in their jurisdictions. Given the globalization of this market, the proliferation of data repositories would actually impede the ability of the international regulatory community to assess global systemic risk. While the impulse is for each jurisdiction to implement its own data repository, this approach would prove to be counterproductive in the long run.
-
The International Swaps and Derivatives Association is aiming to shore up a provision allowing a non-defaulting swap counterparty to net out its position and terminate a transaction with a counterparty in default. The industry group has set up a working party to review the master agreement provision after aspects of it have been queried by recent litigation.
-
Giving European regulators the power to impose stringent margin calls and demand more collateral could help prevent future crises or at least coordinate regulators’ actions in a crisis, according to a report from the European Securities and Markets Authority, the new pan-European regulator, to its members and European lawmakers.
-
Structured products market participants have asked the Committee of European Securities Regulators, now the European Securities Market Authority, to extend its proposed maturity limits of structured Undertakings for Collective Investments in Transferable Securities (UCITS) funds.
-
The International Swaps and Derivatives Association is creating a working group to discuss the possible creation of so-called master bridge agreements that would create some kind of framework to connect clearinghouses even if full interoperability is not yet possible.