This Week's Top Stories

January 28 2021
On Tuesday the Basel Committee on Banking Supervision (BCBS) published a consultation on haircut floors for securities financing transactions (SFTs). We review the document and provide some observations on the impacts.

January 27 2021
A recent paper from DTCC examined post-pandemic strategies for margins, which increased substantially at the peak of March’s uncertainty in 2020 as a result of larger trade volumes and higher volatility. We talk to Tim Cuddihy, a managing director in DTCC’s Financial and Operational Risk Management division about what lessons have been learned and report from ISDA’s collateral transformation conference as the industry prepares for the new abnormal.