Regulation and supervision of the otc derivatives market, Arias-barrera, Ligia Catherine (uk)
Автор: Arias-Barrera, Ligia Catherine Название: Regulation and supervision of the otc derivatives market ISBN: 1138634786 ISBN-13(EAN): 9781138634787 Издательство: Taylor&Francis Рейтинг: Цена: 22202.00 р. Наличие на складе: Нет в наличии.
Описание:
The over-the-counter (OTC) derivatives market has captured the attention of regulators after the Global Financial Crisis due to the risk it poses to financial stability. Under the post-crisis regulatory reform the concentration of business, and risks, among a few major players is changed by the concentration of a large portion of transactions in the new market infrastructures, the Central Counterparties (CCPs).
This book, for the first time, analyses the regulatory response of the United Kingdom and the United States, the two largest centres of OTC derivatives transactions, and highlights their shortcomings. The book uses a normative risk-based approach to regulation as a methodological lens to analyse the UK regime of CCPs in the OTC derivatives market. It specifically focuses on prudential supervision and conduct of business rules governing OTC derivatives transactions and the move towards enhancing the use of central clearing. The resulting analysis, from a normative risk based approach, suggests that the UK regime for CCPs does not fulfil what would be expected if a coherent risk based approach was taken.
Our comments on the Dodd-Frank Act highlight that the incoherent adoption of risk-based approach to regulation affects the effectiveness of the US regime for CCPs. Such a regime does not follow the pace of events of 'innovation risk'. In particular, the foreseeable changes FinTech will bring to the OTCDM and central clearing services. The second inadequacy of the US regime concerns the dual regulatory structure of the CFTC and the SEC, and the inadequate adoption of different and not well-coordinated regulatory strategies. We also analyse the cross-border implications of the US regime for non-US CCPs that provide clearing services to US market participants. Finally, we study the negative effects of the absence of a clearly defined resolution regime for CCPs.
Описание: The first complete survey of post crisis derivatives regulation, this book provides an indepth examination of the changes made to the regulation of derivatives that were enacted after the global financial crisis, with insights from the Covid pandemic.
Описание: The markets for derivatives are extremely important to the financial system, yet many people are unfamiliar with their influence on the global economy. Demystifying these markets, Gregory Scopino explores how the dramatic transition from human-centered trading to automated systems and artificial intelligence poses challenges to market oversight.
Автор: Dragomir, Larisa Название: European Prudential Banking Regulation and Supervision ISBN: 041549656X ISBN-13(EAN): 9780415496568 Издательство: Taylor&Francis Рейтинг: Цена: 24499.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: Dragomir, Larisa Название: European Prudential Banking Regulation and Supervision ISBN: 0415631475 ISBN-13(EAN): 9780415631471 Издательство: Taylor&Francis Рейтинг: Цена: 7961.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: Hu, Chen Chen Название: The Regulation and Supervision of Banks ISBN: 0367591359 ISBN-13(EAN): 9780367591359 Издательство: Taylor&Francis Рейтинг: Цена: 7348.00 р. Наличие на складе: Нет в наличии.
Автор: Hu, Chen Chen (denmark) Название: Regulation and supervision of banks ISBN: 1138291889 ISBN-13(EAN): 9781138291881 Издательство: Taylor&Francis Рейтинг: Цена: 24499.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
Over the past two decades, the banking industry has expanded and consolidated at a stunningly unprecedented speed. In this time banks have also moved from focusing purely on commercial banking activities to being heavily involved in market-based and transaction-oriented wholesale and investment banking activities. By carrying out an all-encompassing set of activities, banks have become large, complex, interconnected, and inclined to levels of risk-taking not previously seen. With the onset of the 2008 global financial crisis it became apparent that there was an issue of institutions being too big to fail.
This book analyses the too-big-to-fail problem of banks in the EU. It approaches the topic from an interdisciplinary perspective using behavioural finance as a tool to examine the occurrence of the global financial crisis and the emergence of the structural problem in large banking institutions. The book draws a comparison between the EU, the US and the UK and the relevant rules to assess the effectiveness of various approaches to regulation in a global context. Chen Chen Hu goes on to use behavioural analyses to provide new insights in evaluating the current structural reform rules in the EU Proposal on Bank Structural Regulation and the newly adopted bank recovery and resolution regime in the EU Bank Recovery and Resolution Directive and the Single Resolution Mechanism (SRM) in the Single Resolution Regulation.
Автор: Kathrin Glau; Zorana Grbac; Matthias Scherer; Rudi Название: Innovations in Derivatives Markets ISBN: 331933445X ISBN-13(EAN): 9783319334455 Издательство: Springer Рейтинг: Цена: 6986.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Foreword.- Preface.- Part I: Valuation Adjustments.- Part II: Fixed Income Modeling.- Part III: Financial Engineering.
Автор: Scopino Gregory Название: Algo Bots and the Law ISBN: 1107164796 ISBN-13(EAN): 9781107164796 Издательство: Cambridge University Press Рейтинг: Цена: 28921.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The markets for derivatives are extremely important to the financial system, yet many people are unfamiliar with their influence on the global economy. Demystifying these markets, Gregory Scopino explores how the dramatic transition from human-centered trading to automated systems and artificial intelligence poses challenges to market oversight.
The Exchange Invest 1000 is an index of the most influential people in the world's market structure (exchanges, clearing houses et al).
The Index uses a series of proprietary algorithms, devised by Index Compiler and Editor, Patrick L Young, a former exchange CEO and longstanding expert in the market structure field.
The EI1000 Index was created as a result of the popularity of the Exchange Invest Newsletter, created and curated by Patrick L Young which has become the world's daily benchmark newsletter of market structures.
This is the First Volume of the Index which will become an annual publication and contains the full list of the 1000 leading figures in the world's market structure in numerical order. There are also sections for people who have suffered Relegation from the index or those who have Resigned or Retired from the industry. A separate sectoin outlines those industry members who have passed away in recent times.
The book includes some 30 sub lists ranging from the top 10 by different geographies, through leading women, and other topics such as "Dealmakers" "Visionaries" and those involved in "Blockchain" and "FinTech" etc.
Описание: This book introduces the “strike of default” (SOD) benchmark concept. The author determines the SOD through cross-sectional pricing between the credit market and the option market, considering the same underlying. The idea of the SOD is to combine the implied probability of default from both markets to get a time-depending share price, at which the markets believe the underlying will default. By means of credit default swaps (CDS) and option pricing methods, the SOD is determined for any exchange-listed company, where option and CDS market data are available.
