The first central counterparty clearinghouse for credit default swaps (CDS) began operating on March 9, the same day that perceptions of default risk among the largest derivatives market makers in the ...

Paris-based Société Générale Corporate and Investment Banking (SGCIB) has partnered with Algorithmics for the development of a credit valuation adjustment (CVA) solution. SGCIB will use the software ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The guidelines will replace the Committee's "Sound practices for banks' ...

The Basel Committee on Banking Supervision has published a consultation on technical amendments on the hedging of counterparty credit risk exposures. The interpretative issues addressed relate to the ...

On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and ...

The Basel Committee on Banking Supervision has published the final version of its guidelines for counterparty credit risk management, replacing its "Sound Practices for Banks' Interactions with Highly ...

As the risks to global financial markets intensify and take on new forms, regulators are revising and strengthening their requirements to bolster stability and ensure effective risk management . From ...

NEW YORK, May 28 (Reuters) - The size of the $62 trillion credit derivative market is not in itself a cause for concern, though the potential failure of an investment bank or other large counterparty ...

Counterparty risk is the possibility that one of the parties involved in a transaction might fail to fulfill its end of the bargain, thereby causing the other party to incur losses. This type of risk ...

I never fully subscribed to the view that every day is different in FX. Back in my time, many were tediously the same. The routine was: arrive, make your budget by 7:30, put your feet up, get told off ...