Collateral squeeze unlikely to materialise

The so-called collateral shortfall is unlikely to be as severe as some market participants initially believed although obtaining high-grade eligible collateral to post as initial and variation margin to central counterparty clearing houses (CCPs)

Posted on: 06 Oct, 2014
Posted in: Operational Risk

Who is afraid of central bank settlement of mutual fund trades?

One positive thing that can be said in response to the old adage that nothing good happens between execution and settlement is that settlement is the only aspect of the modern investment management industry that remains untouched by regulation.

Posted on: 31 Mar, 2014
Posted in: Regulation

Smoot and Hawley are alive and well and living in Brussels

The European Union (EU) was founded on the principle of free trade. In practice, however, it has preferred to confine free trade to its own members, and even among them a wide variety of informal barriers have persisted.

Posted on: 13 Jan, 2014
Posted in: Regulation

COOConnect Summary of 2013: Part 2

Here is the second instalment of COOConnect’s five part series summarising the key events to impact hedge funds in 2013.

Alternative Investment Fund Managers Directive (AIFMD)

Posted on: 16 Dec, 2013
Posted in: Investors

ICSDs could be forced to use depositary's sub-custody networks in frontier markets

Issuer Central Securities Depositaries (ICSDs) sub-custody-ing the assets of AIFMs in higher-risk markets could be forced to use the sub-custody networks of depositary banks.

Posted on: 16 Sep, 2013
Posted in: Regulation

Time to think about sub-custody risk

Among the many risks fund managers are too busy to monitor is sub-custody risk.

Posted on: 20 May, 2013
Posted in: Operational Risk
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