News and Notes

QCAM: Not a funding crisis yet

Goldman: Barclays, Nordea and more join call to improve safety of CCPs

Bank of England drops bank rate by 50 bps, reduces countercyclical buffer to fight coronavirus impact

FCA begins review on data in wholesale markets

Ocorian: Flight of the CLOs: Dutch VAT ruling points to exodus

ING invests in seclending blockchain platform HQLA^X

Barclays: US liquidity conditions and funding stresses could push Fed to Standing Repo Facility

BBH webinar: Covid-19 impacts and considerations

Fed increases repo operations this week in proactive move to ease liquidity concerns

BNP Paribas, Eurex join ISLA’s sustainability council

ARRC Releases a Proposal for New York State Legislation for U.S. Dollar LIBOR Contracts

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AFME publishes recommendations for partial settlement under CSDR

Risk: ECB mulls wider clearing house access to account facilities

Federal Reserve approves Stress Capital Buffer

BlackRock publishes policies on proxy voting for securities lending and sustainability

BIS: Foreign banks, liquidity shocks, and credit stability

OCC securities lending CCP volume up 15.5% in Feb 2020 year over year

Bank of Japan sizes Japanese SFT market at $1.5 trillion

Bank of England: How to see it coming: predicting bank distress with machine learning

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Pirum launches CSDR fails cost reporting and enhances SSI enrichment service

ICMA publishes Quick Guide to the transition to risk-free rates in the bond market

ISLA announces formation of the ISLA Council for Sustainable Finance

Reuters: JPM reducing Fed reserves, putting $50b+ into repo, starting to use Fed discount window

Regulation Asia: Taiwan Banks Likely to Replace LIBOR with SOFR

BIS: Variability in risk-weighted assets: what does the market think?

UniCredit: Coronavirus a supply shock to economy, much harder to counteract than demand shock

Bank of England to publish SONIA Compounded Index and increase haircuts on LIBOR-linked collateral

TriOptima Expands triResolve Margin to Offer SWIFT Payment Infrastructure

EquiLend Collateral Trading service goes live, surpasses 100 clients on NGT

Sweden’s Riksbank to test technical solution for the e-krona

ICMA’s ERCC publishes guide to reporting under the SFTR

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Morgan Stanley to acquire E*TRADE for $13bn

ECB working group issues recommendations for EONIA transfer to €STR

Hazeltree adds SIMM calculations to Collateral Manager service

Academic paper on US bank borrowings from Federal Home Loan Banks

Office of Financial Research publishes bank systemic risk monitoring tool

ESMA reports continued high risks as financial markets remain highly volatile

Citadel, PIMCO among 160 firms signed up for DTCC’s SFTR service

FT Opinion: Central banks’ influence on economies is diminishing

ESMA updates CSDR Q&A

European banks use Wematch for first EUREX/LCH Basis swap trade

European Commission exempts non-EU AIFs from SFTR for business not conducted in EU

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EquiLend: Five New Counterparties Join NGT Securities Finance Trading Platform

BIS: Dollar borrowing, firm-characteristics, and FX-hedged funding opportunities

CCP12 calls for harmonized reporting of collateral for uncleared derivatives

Fed to publish SOFR running averages and a SOFR Index starting March 2