Over-the-counter derivatives
BIS survey shows OTC market levelling off
Notional volume and credit exposures are growing more slowly, latest market data shows
IMF’s Viñals envisages financial system of the future
IMF director of monetary and capital markets José Viñals lays out vision of future financial system; says financial stability will need to be integrated in monetary policy decisions although price stability should remain central banks’ primary mandate
EC finalises OTC rules, leaves key technical items to Esma
Corporate hedgers claim a victory, but details on clearing eligibility and thresholds to be tackled by new authority.
EU’s Barnier: paradigm shift in regulating OTC derivatives
European Commission commissioner for internal market and services Michel Barnier says concept of light touch regulation is history
Wellink: OTC markets still need good risk management systems
Basel Committee chairman Nout Wellink warns central clearing house not a silver bullet for over-the-counter derivatives markets
RBI's Gopinath says regulation key in OTC reforms
Reserve Bank of India deputy governor Shyamala Gopinath discusses challenging process of calibrating India's over-the-counter derivatives markets
Fed survey shows growing appetite for risk in OTC markets
Inaugural Federal Reserve survey on financing of over-the-counter derivatives shows growing demand in risky assets
France's Noyer says OTC markets need revamp
Banque de France governor Christian Noyer says new reforms on over-the-counter derivatives will make market more resilient
US lawmakers seal deal on reform bill
Members of the House of Representatives and Senate conclude the conference process; text includes part of the Volcker rule, surprise bank levy, and stronger-than-expected Fed audit clause
Senior US lawmakers flag room for manoeuvre on derivatives reform
Senate Banking Committee head Chris Dodd and derivatives overhaul author Blanche Lincoln say negotiation still possible on controversial derivatives package; clearinghouse clause looks set to stay
Regulators set out policy agenda for OTC derivatives infrastructure
CPSS and IOSCO issue consultative reports on central counterparties and trade repositories
SEC chief economist quits for private sector
Securities and Exchange Commission head economist James Overdahl will start as deputy head of a Washington consultancy at the end of March
NY Fed welcomes fresh round of OTC targets
Dealers promise to clear vast majority of credit and interest-rate derivatives centrally