Natixis’s Bertrand Bordais, Government Bond Repo Head for GSF, on EU repo market conditions and the outlook for the coming year
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)
Bank of England paper on repo finds what the market knows: UK Leverage Ratio damages liquidity and creates regulatory arbitrage
The Minneapolis Fed wants a 15% Leverage Ratio and a 1.2% tax on secured financing. That’s one way to reduce risk…
A quick primer on “settled-to-market” vs. “collateralized-to-market” in counterparty credit risk (Premium)
Hong Kong, Singapore or EU post-Brexit: will Advanced Approach bank capital models be a consideration? (Premium)
How fast could deregulation occur in US financial markets? Comments from Fed Vice-Chair Stanley Fischer suggest some answers