News and Notes

FSB reports describe progress in implementing OTC derivatives market reforms, and highlight where further work is needed

FSB publishes new measures to promote resolvability, including effective cross-border resolution

FSB designates G-SIBs and G-SIIs for 2015

Transcend Street Solutions Adds Jon Beyman to Board of Advisors

Options Clearing Corp Seclending CCP up 12% in October 2015 year over year

Fed proposes total loss-absorbing capacity (TLAC) rule

ECB: Report on Financial Structures details structural changes in the euro area financial sector

BofE paper: The resilience of financial market liquidity

Reserve Bank of Australia says no need for repo CCP

Bloomberg: separating EU investment and retail banking may not be necessary

Mizuho, Nordea and UniCredit join R3 distributed ledger initiative

BlockCypher Assets API Enables Any Asset on the Blockchain in Only One Step

WSJ: IOSCO to focus on bond market liquidity

ASX considers blockchain for clearing and settlement

WFE: no skin-in-the-game for CCPs

Fundamental Review of the Trading Book will increase need for bank capital

Citadel Securities becomes first non-bank member of LCH.Clearnet’s SwapClear

NRI to Provide Basel III Compliance Reporting Service for Asset Managers

CloudMargin and OpenGamma partner for automated Initial Margin calculation for OTC Derivatives

Bloomberg: US Treasury to focus on liquidity in UST market

Bank of England: ring-fencing could require banks to hold GBP 3.3 billion in capital

SmartStream helps with risk mitigation for non-clearing OTC derivatives

DTCC white paper on the interconnectedness of risk

BNY Mellon Launches New U.S. Government Securities Clearing Platform

Greenwich: US treasury dealers step back from market making

LCH.Clearnet leverages SWIFT for standardised margin call messages

CloudMargin completes automated link with REGIS-TR for EMIR compliant trade reporting

FT: European regulators move to undercut TLAC rules

Reuters: Basel Committee okays use of external credit ratings for banks

ICE Benchmark Administration Selected as New ISDA SIMM™ Crowdsourcing Utility

Industry agrees to global guidelines for intraday liquidity reporting

Bloomberg: It Looks Like Free Money Is Available in the Credit Market

ICMA creates centralised source for comparison of fixed income trading platforms in Europe

Russian broker BCS FInancial Group buys US BD subsidiary of Alfa Bank

GFT release thought leadership paper on collateral management

SLT: ECB’s quantitative easing policy hits Eurex’s repo clearing

Challengers boosted by new settlement model for UK Faster Payments

CME keeps collateral haircuts steady

Options Clearing Corp seclending CCP volume in Sept 2015 up 29% over Sept 2014

ESMA clarifies AIFMD provisions on depositaries and CSDs

ISLA publishes updated position paper on FTT

Renaissance Capital Goes Live on Calypso

Reuters: Central bankers warn against extending bank regulations to shadow banks

ICMA repo survey: growth is stalled

ESMA readies MiFID II, MAR, and CSDR

Bloomberg: US regulators to reportedly ease collateral requirements between overseas bank affiliates

SunGard: Eastern promise: the changing landscape of securities finance in Asia

Brown Brothers Harriman Selects Omgeo Alert to Improve Settlement Processes

Helaba Bank selects Quantifi’s single xVA solution

Are BHCs Mimicking the Fed’s Stress Test Results? A Liberty Street Economics blog post