News and Notes

Bank of England's Mark Carney on distributed ledgers and settlements

Is the FTT on or off? Bloomberg says ten nations making progress

New LCH.Clearnet video explains Equivalence

Markit: Short covering hits securities lending profitability

US Inspectors to audit FSOC

Reuters: UK banks show restrained appetite for central bank funds before EU vote

ESMA updates list of recognised third-country CCPs

NetOTC puts plans for margining non-cleared OTC derivatives on hold

Bloomberg: EU delays non-cleared derivatives rules to mid-2017

The Trade: Clearing house technology massively outdated, says ICE Clear Europe head

CME and CloudMargin collaborate on collateral management service for cleared and non-cleared margin

Fitch: risk weighting government bonds could force banks to raise €170bn in capital

FSB releases guidance on resolution planning for systemically important insurers

Automated Trader: FTT may be cancelled altogether

BCG/FT: Investment banks’ hopes of big cost savings ‘a pipe dream’

EquiLend launches Swaptimization for Total Return Swaps matching

SGSS: will UCITS and AIF regulation converge?

OCC seclending up 52 Percent in May and 46 Percent Year-to-Date

ESMA consults on CSDR guidelines on participant default rules and procedures

IOSCO and IFRS® Foundation to strengthen cooperation in the development and implementation of IFRS Standards

The Carlyle Group Makes Minority Investment in ION

SETL Launches Blockchain-Powered OpenCSD Platform

Clearstream’s Global Securities Financing: Enhanced Triparty Collateral Management reporting

SIFMA Ops 2016 Conference – panel on collateral management

ICI: US mutual fund treasury repo down, agency repo up

OFR: public parts of bank living wills don't reveal much about need for support in bankruptcy

Bloomberg: banks continue to cut FICC traders

Considerations for CCP Resolution: white paper from ISDA and The Clearing House

Eris Exchange gets investment from CBOE

LCH Spider goes live for portfolio margining in rates

Legal analysis on US short selling case, Merrill Lynch, Pierce Fenner & Smith, et al., v. Manning

The Fed's Tarullo: Insurance Companies and the Role of the Federal Reserve

Bank of England working paper: Do we need a stable funding ratio?

RISE launches post-trade blockchain offering

Pirum Goes Live with Voluntary Corporate Action Solution for CCP Service

Bloomberg: EU, U.S. Race to Spare Banks $5 Billion Clearing Capital Hit

S&P puts OCC on negative watch; OCC responds

ICAP to become NEX Group

WSJ: DTCC seeks pledges to cover possible repo defaults

Bank of England paper: Got to be certain: The legal framework for CCP default management processes

Central clearing: setting the regulatory bar – speech by David Bailey

Chicago Fed: The Challenges of Derivatives CCP Interoperability Arrangements

TriOptima: Interest in post trade risk mitigation services grows in Asia

SWIFT: Industry collaboration is necessary for blockchain success

RMA and SIFMA Recommend New York Fed’s Overnight Bank Funding Rate as New Benchmark to Replace the Fed Funds Open Rate

BNYM working on blockchain for securities lending with IBM

Fed blog: Understanding the Interbank GCF Repo® Market

Options Clearing Corp CCP up 46% in new loans year over year, average daily volume declines

ESMA publishes results of EU central counterparties’ stress test

FT: CCPs to open accounts with the Chicago Fed