Leverage Ratio

Bank of England paper offers support for Basel III Leverage Ratio

Natixis’s Bertrand Bordais, Government Bond Repo Head for GSF, on EU repo market conditions and the outlook for the coming year

ECB helps bank Leverage Ratios but doesn’t address the bigger Basel challenge (Premium)

Barclays: ECB Leverage Ratio relief not a game changer for euro short rates

ECB allows temporary relief in banks’ leverage ratio until late June 2021

Reader feedback on our report, “Leverage Ratios, SA-CCRs and Securities Finance” (Premium)

Fed blog: banks again taking advantage of Leverage Ratio arbitrage

Switzerland’s FINMA extends Leverage Ratio exemption of central bank assets

Bank of England: Bounce Bank Loans can be excluded from UK Leverage Ratio

European Commission proposes changes to IFRS9 and Leverage Ratio but fails to exempt government bonds

ECB collateral adjustments help, but the EU must still take big moves on bank balance sheets (Premium)

Reuters: Europe’s banks want regulators to match U.S. leverage plan

Japanese regulators plan to exempt central bank holdings from bank leverage ratios

Monday News Roundup: new data, fast moving regulations, repo trends and more (Premium)

Regulation Asia: HKMA Asks Banks to Prepare Systems for Revised Leverage Ratio

Winners and losers from the Basel Committee’s Leverage Ratio changes on margin and window-dressing

Basel Committee finalizes Leverage Ratio revisions for client margin and window-dressing for SFTs

Basel Committee seeks to improve Leverage Ratio for margin, Securities Finance Transactions

BofE working paper finds (again) that Leverage Ratio damages repo market resilience

ABA: FDIC Approves Proposal to Exclude Central Bank Deposits from SLR

ICMA supports daily leverage ratio calculations but asks for targeted refinements to support repo

For US banks, is CCAR or the Leverage Ratio the binding constraint on securities finance

World Federation of Exchanges responses to Basel Committee’s Leverage Ratio Consultation

How final are the Basel Committee’s market risk rules?

Basel Committee seeks to reduce window dressing in the Leverage Ratio

Europe readies for CRD-V (Premium)

BoE working paper: The leverage ratio, risk-taking and bank stability

Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives

The ECB on repo in the Leverage Ratio: taking a strong stand today may not turn out well tomorrow

ECB: removing repo from the Leverage Ratio would be a bad idea

How the Basel change on settled-to-market will impact balance sheets (Premium)

World Federation of Exchanges calls for global reform of Leverage Ratio

Bank of England paper on repo finds what the market knows: UK Leverage Ratio damages liquidity and creates regulatory arbitrage

Risk: EU Considering Moving Leverage Ratio Reporting From Quarterly to Daily

BoE reviews types of bank internal capital markets

BoE research suggests leverage ratio disincentives client clearing

Dodd-Frank reform passes US Senate but the House will be tough (Premium)

Finadium Survey: Better Regulation for Europe’s Securities Financing Transactions

A Proposal for Smart Regulation in European SFT Markets

The Minneapolis Fed wants a 15% Leverage Ratio and a 1.2% tax on secured financing. That’s one way to reduce risk…

Global CCP group warns on Basel rules under LR

A quick primer on “settled-to-market” vs. “collateralized-to-market” in counterparty credit risk (Premium)

Finalizing Basel III: the revised Leverage Ratio gets a thumbs down and really isn’t final anyhow

What does “recalibrating” the Leverage Ratio mean?

Are carve-outs in national versions of the Leverage Ratio a good idea?

BoE: the leverage ratio and liquidity in the gilt and repo markets

Hong Kong, Singapore or EU post-Brexit: will Advanced Approach bank capital models be a consideration? (Premium)

BoE: solvency and wholesale funding cost interactions at UK banks

The layering of regulatory cost on Securities Financial Transactions

How fast could deregulation occur in US financial markets? Comments from Fed Vice-Chair Stanley Fischer suggest some answers