Sovereigns and OTC Derivatives Clearing: the rules are a mess. We look at an excellent paper from BNYM.
Another shoe drops: Basel Committee and IOSCO issue consultation paper on margin for non-cleared derivatives
Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.
“Replumbing Our Financial System: Uneven Progress” by Darrell Duffie: turn tri-party clearing into a "dedicated regulated utility"
Bank of New York Mellon targets DTC-cleared paper in the next step in tri-party reform. This one is going to hurt.
IMN Beneficial Owners' Securities Lending Conference: a review of the regulatory issues facing the industry
EU may allow European asset-backed securities to be included as liquid assets for the liquidity coverage ratio. France & Germany push for delay to 2018, much to the chagrin of the UK.
Euromoney interview with IMF Economist Manmohan Singh on repo, re-hypothecation, collateral chains, and more
Basel III LCR rules may change, allowing corporates and equities. Nestle debt looks a whole lot better than Portugal.
Satyajit Das, author ‘Extreme Money: The Masters of the Universe and the Cult of Risk’ talks to the FT on CCPs
Bank of England's Tucker: "There is a big gap in the regimes for CCPs – what happens if they go bust? I can tell you the simple answer: mayhem."
The just released Bank of England Quarterly Report 2011:Q3 includes an interesting article on Securities Lending
Basel Committee's Walter dismisses reports of Liquidity Coverage Ratio (LCR) overhaul – Risk Magazine