Asia Risk - Risk.net

Icap’s forex e-trading platform to offer outright forwards

Fri, 03 Feb 2012 00:05:00 GMT

Icap’s forex spot and NDF electronic platform, EBS, is looking to diversify into outright forwards and other services this year

Regulator Q&A: Amando Tetangco, governor of the Central Bank of the Philippines

Wed, 01 Feb 2012 14:59:00 GMT

Risk.net

The head of the Philippine central bank explains how Basel III has a “perverse” impact on countries with strong fiscal discipline and why the Sifi designation is less important than rigorous regulation

Seaton to head prime brokerage for Asia-Pacific at BAML

Wed, 01 Feb 2012 14:35:56 GMT

Risk.net

Graham Seaton relocates from Sydney to Hong Kong

Regulators smell a rat – Aaron Woolner column

Tue, 31 Jan 2012 16:53:00 GMT

Risk.net

Regulators smell a rat The law of unintended consequences is evident in the desire of some Asian banks to court Sifi status – despite the increased capital burdens imposed by authorities

On the move

Tue, 31 Jan 2012 16:04:00 GMT

Risk.net

On the move A roundup of job moves in banks, regulators, investors and vendors in the Asia region

Asia banks seek Sifi status

Tue, 31 Jan 2012 15:48:00 GMT

Risk.net

Badge of honour Regulators have published their list of global systemically important financial institutions, and will now start to consider those institutions that pose a systemic risk to individual jurisdictions. The extra levels of capital that Sifis will need to hold will, regulators hope, act as a deterrent to banks from becoming too large. But some banks in Asia are thought to be actively seeking Sifi status in the belief that it will accord a degree of prestige on their business – and, with it, cheaper cost of funding

Asia financial regulators press on with banking reforms

Tue, 31 Jan 2012 15:30:00 GMT

Risk.net

Diverging directions Over the past 12 months, regulators across the region have issued a number of consultation papers relating to the implementation of Basel III and OTC derivatives reforms. We review the rules and proposals affecting the derivatives market and its participants in Asia

Regulatory releases and developments in Asia

Tue, 31 Jan 2012 15:29:16 GMT

Risk.net

Regulatory releases and developments in Asia A country-by-country roundup of the banking rules and guidelines affecting the Asia region

Buy-side firms in Asia gear up for clearing

Tue, 31 Jan 2012 12:10:00 GMT

Risk.net

Gearing up for clearing Buy-side firms need to start preparing for central clearing, but a number of challenges remain to be resolved – not least the fact that the regulations have not yet been finalised. How are Asia’s largest buy-side firms dealing with this, and have they begun to choose their clearing members?

Basel capital rules threaten client clearing

Tue, 31 Jan 2012 11:57:27 GMT

Risk.net

A blow to client clearing Central clearing for over-the-counter derivatives is under threat from draft capital rules that encourage banks to clear, but discourage them from providing intermediary services to other derivatives users. This client clearing business needs support, dealers argue – and some politicians agree

India structured products market adapts to new oversight regime

Tue, 31 Jan 2012 11:46:08 GMT

Risk.net

Under a watchful eye India’s financial regulator has moved to increase oversight of the country’s nascent structured products market. What will be the impact on the level of growth and the type of structures offered?

Conversion of upfront CVA into running CVA

Tue, 31 Jan 2012 11:27:37 GMT

Risk.net

Conversion of upfront CVA into running CVA The credit value adjustment that crystallises counterparty risk in a derivatives price is generally thought of as an upfront payment, but could equally well be converted into a running premium in appropriate products. But the obvious ways to do this lead to inconsistencies, or are computationally burdensome. Here, Frédéric Vrins and Jon Gregory show how an analytic approximation can get round this

Risk-based capital regimes in Asia need work – Sigurd Volk profile

Tue, 31 Jan 2012 11:07:31 GMT

Risk.net

Asia’s risk assessor The regional chief risk officer at Allianz Asia-Pacific on the twin challenges for insurers of the introduction of risk-based capital frameworks in the region, and an ongoing low interest rate environment

CCIL’s Roy: CCP settlement for Indian CDS three years away

Mon, 30 Jan 2012 11:45:00 GMT

Risk.net

The Indian CDS market, which started trading at the end of last year, will need three years before trades can start being cleared through a central counterparty, says clearing house CRO

Asia learning from Europe’s mistakes, says Malaysia’s top central banker

Fri, 27 Jan 2012 17:09:00 GMT

Risk.net

Countries in Asia are learning lessons from Europe, where financial integration has led to costly implications, according to Malaysia’s Akhtar Aziz

HKEx mulls launching RMB commodities exchange

Mon, 23 Jan 2012 12:31:00 GMT

Risk.net

Potential first RMB commodities exchange to be launched in Hong Kong

Lack of long-dated instruments hampering offshore RMB market

Wed, 18 Jan 2012 16:03:00 GMT

Risk.net

A strong demand for long-dated offshore RMB instruments is not being met by the market, according to one Hong Kong corporate

Asia’s Sifi aspiration

Wed, 18 Jan 2012 10:49:00 GMT

Risk.net

Regulators have published their list of global systemically important financial institutions (Sifis), and will now start to consider those institutions that pose a systemic risk to individual jurisdictions. The extra levels of capital that regulators require Sifis to hold will, in theory, act as a deterrent to banks from becoming too large. But some banks in Asia are actively seeking to attain Sifi status as they believe it will bring a global prestige and cheaper cost of funding

Indian securities watchdog to consider imposing speed limit on high-frequency trading

Tue, 17 Jan 2012 17:50:00 GMT

Risk.net

The head of the Securities and Exchange Board of India calls for a speed limit for high-frequency trading to protect retail investor interests

IMF looks to strengthen Asian ties to combat global economic crisis

Mon, 16 Jan 2012 16:44:00 GMT

Risk.net

The IMF is looking to work with Asian countries to lessen the impact of the global crisis on the region, says David Lipton, IMF first deputy managing director

Japan still backs EFSF despite threat to AAA rating

Mon, 16 Jan 2012 16:11:00 GMT

Risk.net

The expectation that Standard & Poor’s decision to downgrade France and Austria will have a knock-on impact on the EFSF will not deter further Japanese investment in its bonds, says Japanese official

Hong Kong regulator approves new synthetic ETFs

Wed, 11 Jan 2012 17:21:00 GMT

Risk.net

The Hong Kong ETF market received a boost with the approval of more than a dozen synthetic ETFs – the first authorisation since local rule-makers toughened regulations over this asset class last year

Asia’s risk professionals warn of unintended consequences of Basel III

Wed, 21 Dec 2011 00:11:00 GMT

Risk.net

Basel III rules may cause banks to reduce lending, worsening the economic slowdown, warn risk professionals in Asia-Pacific

HKEx to introduce volatility index futures

Tue, 20 Dec 2011 10:35:58 GMT

Risk.net

HKEx has announced the trading of futures on the Hang Seng volatility index starting from February next year. Market participants say this marks an important first step in the development of Asia-based volatility products

Asia Risk - Risk.net

Sponsored interview: Neil McGovern and Horace Chow of Sybase

Icap’s forex e-trading platform to offer outright forwards

Regulator Q&A: Amando Tetangco, governor of the Central Bank of the Philippines

Seaton to head prime brokerage for Asia-Pacific at BAML

Regulators smell a rat – Aaron Woolner column

On the move

Asia banks seek Sifi status

Asia financial regulators press on with banking reforms

Regulatory releases and developments in Asia

Buy-side firms in Asia gear up for clearing

Basel capital rules threaten client clearing

India structured products market adapts to new oversight regime

Conversion of upfront CVA into running CVA

Risk-based capital regimes in Asia need work – Sigurd Volk profile

CCIL’s Roy: CCP settlement for Indian CDS three years away

Asia learning from Europe’s mistakes, says Malaysia’s top central banker

HKEx mulls launching RMB commodities exchange

Lack of long-dated instruments hampering offshore RMB market

Asia’s Sifi aspiration

Indian securities watchdog to consider imposing speed limit on high-frequency trading

IMF looks to strengthen Asian ties to combat global economic crisis

Japan still backs EFSF despite threat to AAA rating

Hong Kong regulator approves new synthetic ETFs

Asia’s risk professionals warn of unintended consequences of Basel III

HKEx to introduce volatility index futures