News & Analysis as of

Counterparty Risk

Latham & Watkins LLP

Funded Reinsurance: the PRA Flags Risks From Schematic Review

Latham & Watkins LLP on

UK regulator continues to raise concerns that current market practices could lead to systemic risk. The Prudential Regulation Authority (PRA) has issued another communication, the latest of a series related to...more

Vinson & Elkins LLP

[Webinar] Managing Litigation Risks in De-SPAC Transactions - October 26th, 12:00 pm - 1:00 pm CT

Vinson & Elkins LLP on

As SPAC litigation continues to proliferate, it is more important than ever that officers and directors of companies undertaking a de-SPAC transaction be mindful of litigation risks and adopt strategies for managing them....more

Holland & Knight LLP

Is the Sky Really Falling? Acting Comptroller Proposes Key Questions for Banks on Climate Change

Holland & Knight LLP on

Canadian singer-songwriter Joni Mitchell lamented the toil of deforestation in 1970: "They took all the trees, put 'em in a tree museum/And they charged the people a dollar and a half just to see 'em." More than 50 years...more

Hogan Lovells

Securities and markets regulatory news, June 2021

Hogan Lovells on

DvP clients: FCA and PRA Dear CRO letter on counterparty credit exposure management and controls - The UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have published a letter to chief risk...more

Bowditch & Dewey

[Webinar] New Contracts: Pandemic Impact on Contract and Transaction Due Diligence - October 27th, 3:00 pm - 4:00 pm ET

Bowditch & Dewey on

During times of economic turbulence and commercial uncertainty, your business team and corporate counsel are well advised to undertake a more deliberate and thorough due diligence process when entering into contract and...more

BCLP

COVID-19 Business Risk Management: Addressing Counter-Party Risk

BCLP on

As public companies continue to manage vulnerabilities attendant to the global pandemic and its widespread economic consequences, counter-party risk assessments and careful management of those risks can be critical. ...more

BCLP

Managing Counter-Party Risk in the Pandemic - Part II: Customer Considerations: Risk Mitigation = Smarter Sales

BCLP on

In the coming months, very few companies, whether public or private, will be able to avoid including statements in their quarterly reports or financials that attribute single or double digit percentage declines in revenue to...more

BCLP

Managing Counter-Party Risk in the Pandemic

BCLP on

Globally, boards and management teams are taking stock of current operations and finances to identity vulnerabilities to the unprecedented distress that markets are anticipating from the pandemic for the next 12-18 months. As...more

Latham & Watkins LLP

US Federal Banking Agencies Introduce Further Measures to Address Continuing COVID-19-Related Risks

Latham & Watkins LLP on

The three US federal banking agencies continue to take additional steps to promote the functioning of the financial system in the face of the pandemic. The three US federal banking agencies - the Board of Governors of the...more

Akin Gump Strauss Hauer & Feld LLP

Opportunities & Landmines for Energy Companies Right Now

This episode presents the briefing “Managing the New Reality: Opportunities & Landmines for Energy Companies Right Now,” with Akin Gump corporate partner John Goodgame and financial restructuring partners Sarah Schultz, Ira...more

Shearman & Sterling LLP

UK Regulator Consults on Changes to Counterparty Credit Risk Treatment

The U.K. Prudential Regulation Authority has issued a consultation on proposed additions to its Supervisory Statement on counterparty credit risk. The additions are intended to provide clarity to the market on how firms...more

Cadwalader, Wickersham & Taft LLP

The Bank of England’s Discussion Paper on Collateral Referencing LIBOR

The Bank of England (“BoE”) has initiated a review of its own exposure to LIBOR, and in particular, the exposure to the collateral that banks and other financial firms are asked to provide when borrowing from the BoE under...more

Akin Gump Strauss Hauer & Feld LLP

Brexit: Recognition of UK Derivatives Regulation

• Under Swiss law, to fulfil the clearing, reporting and risk mitigation obligations applying to derivatives trading under foreign law, the Swiss Financial Market Supervisory Authority (FINMA) must recognize the foreign law...more

Katten Muchin Rosenman LLP

Corporate & Financial Weekly Digest, Featuring Articles About FINRA Notices on Cybersecurity and Margin Requirements and No-Deal...

BROKER-DEALER - FINRA Issues Information Notice Regarding Suspicious Email Sent to Member Firms - On February 13, the Financial Industry Regulatory Authority (FINRA) published an information notice alerting member firms...more

Shearman & Sterling LLP

European Central Bank Consults on Assessment Methodology Guide for Counterparty Credit Risk

The European Central Bank is consulting on a draft ECB guide on the assessment methodology for the internal model method and the advanced CVA capital charge for counterparty credit risk under the Capital Requirements...more

Kramer Levin Naftalis & Frankel LLP

Banking, Finance and Insurance Letter - Mai-Juin 2017

Publication du règlement dit « Prospectus » abrogeant la directive Prospectus - Le 30 juin 2017 a été publié au Journal officiel de l’UE le règlement n° 2017/1129 du 14 juin 2017 concernant le prospectus à publier en cas...more

Hogan Lovells

Countering counterparty insolvency

Hogan Lovells on

These days, the threat of counterparty insolvency looms over the energy sector: whether it is a natural disaster or precipitous decline in the price of oil, perhaps no industry is more susceptible to the financial decline and...more

Shearman & Sterling LLP

EU Report on the Implications of Implementing Basel Frameworks for Counterparty Credit Risk and Market Risk Published

Shearman & Sterling LLP on

The European Banking Authority published a Report on the impact of the adoption into EU legislation of the new international frameworks for counterparty credit risk and market risk. The EBA Report responds to Calls for Advice...more

Shearman & Sterling LLP

European Securities and Markets Authority Draft Technical Standards for European Long-Term Investment Funds

The European Securities and Markets Authority published a final report containing draft regulatory technical standards supplementing the Regulation on European Long-Term Investment Funds...more

Shearman & Sterling LLP

US Federal Deposit Insurance Corporation Vice Chairman Hoenig Objects to Proposed Revisions to the Basel III Leverage Ratio...

As part of his remarks at a global economic symposium in Paris, US Federal Deposit Insurance Corporation Vice Chairman Thomas Hoenig stated his objections to the Basel Committee on Banking Supervision’s recently proposed...more

Shearman & Sterling LLP

Proposed Revisions to the Basel III Leverage Ratio Framework Published

The Basel Committee on Banking Supervision published proposals to revise the existing leverage ratio framework. The proposals include amendments to the : (i) measurement of derivative exposures by adopting a modified version...more

Shearman & Sterling LLP

Basel Committee on Banking Standards Proposes Amendments to the Internal Rating Based Approach

The Basel Committee on Banking Standards launched a consultation on changes to the advanced internal ratings based approach and the foundation IRB approach so as to reduce variation in capital requirements for credit risk...more

Shearman & Sterling LLP

US Board of Governors of the Federal Reserve Sytem Re-Proposes Single Counterparty Credit Limits for Large US Bank Holding...

The US Board of Governors of the Federal Reserve System re-proposed rules that would establish single counterparty credit limits for domestic and foreign bank holding companies, as well as US intermediate holding companies,...more

Cooley LLP

Blog: PRA Letter To Life And General (Re)Insurers About Buy And Sell Side Longevity Risk Transfers

Cooley LLP on

The PRA has published a letter to life and general insurers about longevity risk transfers, and the counterparty risks they transfers can generate. Here’s a key extract...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

The Restructuring Mid-Summer Review: Europe and the Emerging Markets - For those focused on the debt restructuring market, the Greek sovereign crisis (covered extensively in our recent updates1) has drowned out news of...more

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Updated: Dec 28, 2021:

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Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

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Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

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Updates to This Policy

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Contacting JD Supra

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