Regulator



Featured image for “FCA Survey Reveals 10 Times Increase in Firms Affected by IM”

August 7, 2018 - Editor

The reduction of the IM threshold from €750bn to €8bn will result in a jump of ten times the number of firms in scope.

Featured image for “FX Global Code: do you know what you’re signing up to?”

August 6, 2018 - Editor

Although the FX Global Code isn’t mandatory, many firms have already signed up. Increasingly it’s looking like becoming the industry norm. In the UK, the

Featured image for “The OTC Derivatives Market Size is about to shrink via a CFTC proposal”

February 13, 2018 - Editor

We all know using notionals to measure the size of the OTC market leads to crazy headlines, so the CFTC has a cunning plan for

Featured image for “Margin on Physically Settled FX Forwards | Update from the EBA”

November 29, 2017 - Editor

An update from the ESAs on their intention to amend the European rules for margin on FX

Featured image for “EMIR review: a quick fix or a structural improvement?”

November 20, 2017 - Editor

On 4 May 2017, the European Commission published its legislative proposal for the long-awaited review of Regulation (EU) No 648/2012 of the European Parliament and

Featured image for “The CFTC Roadmap and Christmas 2019”

July 19, 2017 - Editor

On Monday the 10th of July the CFTC published this roadmap that gives a view of the trail leading to Christmas 2019. It might only

Featured image for “The CFTC Grants a No-action Letter Giving 6 Months to Comply with Uncleared Margin Rules”

February 14, 2017 - Editor

Six months to comply for US regulated firms

Featured image for “Arbitrage and the Leverage Ratio”

September 16, 2016 - Editor

Ever since the dramatic banking collapse in 2008 Regulators and Central Banks have been pre-occupied with finding the magic bullet that prevents another systematic financial

Featured image for “The European Uncleared Margin Rules (May) Not Be Ready Until Late April or Worse”

September 5, 2016 - Editor

The European regulatory process is a flowchart with many options and possible loops, the arrival of the regulations for uncleared OTC business. Follow this timeline

Featured image for “The CFTC Argues With Itself Over the Bilateral Margin Rules”

September 1, 2016 - Editor

It amuses me that the CFTC Commissioners publicly criticize their own organisation, on their own website. Sort of like kicking yourself up the backside shouting