News and Notes

DataLend: Securities Lending Industry Surpasses $2 Trillion On Loan

OFR: Benefits and Risks of Central Clearing in the Repo Market

Torstone go live with Natixis Japan Securities Co. Ltd for collateral management module

IOSCO finds little evidence of declining secondary corporate bond market liquidity

BIS: Non-US banks’ global dollar funding grows despite US money market reform

The Goldilocks Problem: How to get Incentives and Default Waterfalls “Just Right”

Chairman of the Basel Committee reaffirms commitment to finalise post-crisis Basel III reforms

Nikkei: Bank of Japan bond lending surges

Stance of the Basel III countercyclical capital buffer in Switzerland

CloudMargin and SmartDX partner on Variation Margin

BIS chief Caruana argues for continued financial regulatory integration

Basel Committee publishes Basel III Monitoring Report including TLAC

Lombard Risk extends its global strategic partnership with Societe Generale

OCC seclending CCP volume up 8% over Feb 2016

OFR says that CCPs can cover two defaults at once but data shortcomings remain

PGGM: Securities lending lessons for responsible investors

SETL opens Paris office for eurozone access

Asia Times: China summons reformer to tackle banking woes

EBA Publishes Results Of The CRDIV-CRR/Basel III Monitoring Exercise As Of End June 2016

RSA Insurance Group Onboards CloudMargin for Collateral Management Solution

DataLend releases The Purple Issue 2, says energy stocks top earners for 2016

DTCC and Digital Asset move to Phase 2 for blockchain repo project

Basel III – The Net Stable Funding Ratio: frequently asked questions

IOSCO supports flexibility on Variation Margin start dates

Global Investor: New bourse BIVA aims to boost Mexico’s securities lending market

Reuters: CME Group sees Chinese hedge funds, state-owned firms driving Asia growth

Bank of England says CSDR, multi-CCP fire drills and Brexit are priorities for supervision in 2017

OFR proposes new way to measure CCP risk

Risk: Variation Margin rules not simplifying buy-side collateral choices

Law Review: Why repo volatility poses a systemic risk

Euronext launches new collateral and liquidity risk management service

ISDA: CFTC Action Welcome, But More Needed

OFR: Money Market Funds’ Floating NAVs Stay in Narrow Range for Now

Latest ICMA survey sets baseline size of the European repo market at EUR 5,656 billion

Mnuchin confirmed as US Treasury Secretary

Taiwan Stock Exchange: Securities borrowing and lending(SBL) rules now all in one place

Blockchain for Capital Markets: EquiChain Unveils Working Prototype

ISITC Announces New Margin and Collateral Working Group

EquiLend sunsets AutoBorrow in favor of NGT

Calypso Announces Utility Agreement with Equinoxe

Fed launches new Tri-Party/GCF Repo analysis tool

IOSCO analyzes potential of tech-driven change in the securities market industry

ESMA issues report on blockchain, cites challenges to broader adoption

OFR: Capital Buffers and the Future of Bank Stress Tests

Washington Post: The craziest politician in Washington last week was not Donald Trump

IOSCO report shows progress made in implementation of Benchmark Principles

IHS Markit and Pirum Systems to Provide SFTR Reporting Solution

Bloomberg: Draghi Rebuts Trump Lines on Currency Wars, Bank Rules

ESMA publishes 2017 supervision plan for credit rating agencies, trade repositories and 3rd country CCPs

Bank of England working paper: Market liquidity, closeout procedures and initial margin for CCPs