NY Fed's vice president urges industry to move faster on Libor transition
Banking

NY Fed's vice president urges industry to move faster on Libor transition

2d | By Jeremy Chan, Journalist

NY Fed's vice president urges industry to move fas...

The Federal Reserve Bank of New York’s vice president called upon the financial sector to focus squarely on the 2021 deadline as the endgame for...

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Global financial bodies unveil transition to single Common Domain Model
Trading & brokering

Global financial bodies unveil transition to single Common Domain Model

2m | By Anna Brunetti

Global financial bodies unveil transition to singl...

Global financial markets associations revealed on Monday they’re working on a shared, cross-sector Common Domain Model (CDM) that would enable investo...

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Traders keep eye on Libor transition
Trading & brokering

Traders keep eye on Libor transition

1y | By Emma Olsson, Reporter

Traders keep eye on Libor transition

Derivatives traders are on track to adopt new benchmark fallbacks ahead of the London Interbank Offered Rate (Libor) transition, with the pandemic bea...

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Roles lack clarity in Isda’s CDM
Asset management

Roles lack clarity in Isda’s CDM

1y | By Emma Olsson, Reporter

Roles lack clarity in Isda’s CDM

Debate is growing over the implementation of the International Swaps and Derivatives Association’s (Isda’s) common domain model (CDM), as ...

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Isda’s McGonagle: Flexibility key for new reporting agreement
Trading & brokering

Isda’s McGonagle: Flexibility key for new reporting agreement

2y | By Alex Hamilton, Reporter

Isda’s McGonagle: Flexibility key for new reportin...

Flexibility is key to the Master Reporting Agreement for the Securities Financing Transactions Regulation (SFTR) and European Market Infrastructure Re...

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Firms underestimating technology hurdle for Isda's SIMM 2.1 requirements
Insurance

Firms underestimating technology hurdle for Isda's SIMM 2.1 requirements

2y | By Rebekah Tunstead, Reporter

Firms underestimating technology hurdle for Isda's...

Counterparties that will now come under the new uncleared margin rules threshold have misjudged the level of work and technology build necessary to be...

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Regnosys: Isda’s CDM 2.0 to “force the convergence” of DLT interoperability
Trading & brokering

Regnosys: Isda’s CDM 2.0 to “force the convergence” of DLT interoperability

2y | By Rebekah Tunstead, Reporter

Regnosys: Isda’s CDM 2.0 to “force the convergence...

The International Swaps and Derivatives Association (Isda)’s latest common domain model (CDM) will force much-needed convergence of distributed ...

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Treating CCPs like banks is “not logical and not appropriate”
Trading & brokering

Treating CCPs like banks is “not logical and not appropriate”

3y | By Rebekah Tunstead, Reporter

Treating CCPs like banks is “not logical and not a...

It is neither “logical” or “appropriate” for central counterparty clearing house (CCP) participants to call for greater capita...

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