LIBOR is dying, but markets not ready to let it goThe London Interbank Offered Rate or Libor, once dubbed the world's most important number, will be replaced at the end of December with "ri...
10 May, 2021, 11.53 PM IST
View: Freeing up the financial system to expand with Bilateral NettingA bilateral netting framework is standard in all developed financial systems across the world. Around 50 countries already have similar arr...
21 Sep, 2020, 11.36 PM IST
IBA asks banks for Libor alternativeMIFOR is priced after adding a mark-up over Libor, which will cease to exist globally after 2021.
13 Feb, 2020, 10.08 AM IST
Proposed common netting law may help free up banks’ capitalA strong netting system generally gives rise to a thriving derivatives market.
23 Sep, 2019, 08.09 AM IST
The world’s most elite club for traders is getting tougher to joinThe club has no name but has a roster drawn from the wealthiest and most successful traders.
03 May, 2018, 07.50 PM IST
RBI suggests a unified regulator for International Financial Services CentresSpeaking at the Vibrant Gujarat Global Summit, Patel said a high level working group needs to be set up to look into the existing laws gove...
11 Jan, 2017, 07.23 PM IST
Banks sprint to meet $493 trillion swaps market margin rulesThe Bank for International Settlements puts the size of the over-the-counter derivatives market at $493 trillion as of the end of last year.
22 Aug, 2016, 04.33 PM IST
Bank secrets exposed in EU’s credit derivatives antitrust probeThe probe, which includes HSBC and Deutsche Bank, is one of two priority EU investigations into financial institutions.
02 Oct, 2013, 07.16 AM IST
- Government drafting law on direct selling businesses to protect consumers
The Centre today said it is drafting a policy on the direct-selling industry to address the concerns of consumers and strengthen this sector
17 Apr, 2013, 07.24 PM IST
ISDA classifies Greek swap deal a 'credit event'A threat of new financial crisis looms after the ISDA classified the debt swap deal between the Greek govt and private sector lenders as a ...
11 Mar, 2012, 08.35 PM IST
- US trust to publish data on credit-default swaps
The Depository Trust & Clearing Corp (DTCC) will publish details of the top 1,000 credit-default swaps, bowing to regulatory pressure for m...
05 Nov, 2008, 12.00 AM IST
- Credit default swaps may be unwound
Investors may be forced to unwind contracts protecting $1.47 trillion of Fannie Mae and Freddie Mac bonds against default after the US gove...
09 Sep, 2008, 12.00 AM IST
- Financial market reforms should not be delayed
Financial market reforms should not be delayed due to the blame game around financial derivatives. Instead, all corporates buying derivativ...
25 Feb, 2008, 05.28 AM IST
- ISDA urges India to remove credit-default swap rating rule
The International Swaps and Derivatives Association will "press" for Reserve Bank of India to remove a requirement that rupee-denominated c...
25 Oct, 2007, 01.13 PM IST
- Banking giants to sign loan derivatives pact
Morgan Stanley is poised to sign an agreement with Citigroup, Goldman Sachs Group and JPMorgan Chase on rules for trading loan derivatives ...
20 Apr, 2007, 12.35 AM IST