Collateral Management

Initial Margin to Significantly Impact Development of Asian Derivatives Markets: Asifma

Regulators should refrain from imposing initial margin on derivatives transactions in Asia in order to promote development of derivatives markets in the region, according to Mark Austen, chief executive of the Asian Securities Industry and Financial Markets Association (Asifma). Risk: Initial Margin to Significantly Impact Development of Asian Derivatives Markets.

Margin on Uncleared Swaps: a Review of the Key Elements that will Drive Margining

Manmeet Brar and Gordon McDermid of Sapient Global Markets offer a review of the BCBS and IOSCO's recently published framework for the margin requirements for uncleared derivatives and highlight the challenges that certain elements of the framework will introduce. DerivSource: Margin on Uncleared Swaps: a Review of the Key Elements that will Drive Margining.

Lombard Risk Announces COLLINE Collateral Optimisation Module

Lombard Risk Management plc (“Lombard Risk”) a leading provider of integrated collateral management, regulatory compliance and reporting solutions for the financial services industry, announces its collateral optimisation module for COLLINE. Securities Finance Monitor: Lombard Risk Announces COLLINE Collateral Optimisation Module.

 Where Are We Now – the Collateral Squeeze

The real danger facing the market is a spike in costs due to the shrinking supply of high quality collateral, unexpected market events and growing demand on the back of regulatory pressures.  Lynn Strongin Dodds explores the ramifications and various alternatives on offer in the market to help organisations avoid being caught in the collateral squeeze. DerivSource:  Where Are We Now – the Collateral Squeeze.

LEIs

Approved LEI LOC List Extended by ESMA

In case anyone missed it, last week’s Q+A update on EMIR coincided with an update to the list of recognised LEI (Legal Entity Identifiers) pre LOUs (Local Operating Units that may issue LEIs). The list now includes the London Stock Exchange as well as Takasbank of Turkey.

• CTRM Center: Approved LEI LOC List Extended by ESMA (article)
• LEI ROC: List of Endorsed LEI Pre-LOUs (PDF document).

The Cost of Implementing the LEI: CDOs Under the Gun?

A big theme present at a big industry data conference earlier this month was how firms were approaching the BCBS’s standards on risk data aggregation as well as the implementation of the regulatory data agenda. RegTechFS: The Cost of Implementing the LEI: CDOs Under the Gun?