The regulation desk of Risk.net focuses on the content of financial regulation and its implications for banks and buy-side firms. A key topic is prudential regulation, which includes Basel II, 2.5, III, the Fundamental review of the trading book (FRTB), Interest rate risk in the banking book (IRRBB), rules relating to global systemically important banks, clearing houses, insurers, reinsurers and a
sset managers, regulatory stress tests such as the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR), recovery and resolution rules for banks and market infrastructures, bank structure rules such as Volcker, Liikanen and ring-fencing in the UK. Our journalists also cover macroprudential rules, designed mainly to enable central banks and supervisors avoid or manage asset bubbles, and regulation on specific products, platforms or markets – primarily the G20 derivatives reform agenda, which imposes clearing, ex*****on and reporting requirements on swaps and in some cases futures and includes European Market Infrastructure Regulation (Emir) and the Dodd-Frank Act, as well as their equivalents in other G20 jurisdictions. Our target readers comprise a wide variety of bank professionals – from senior executives and traders to risk managers and treasurers – as well as bank clients and other market participants that experience the second-order impacts of regulation, such as higher costs, lower liquidity and increased volatility (most notably corporates and buy-side firms). The desk’s coverage will also be of interest to other firms that are directly affected by relevant regulations, such as clearing houses, data repositories, trading platforms, exchanges, non-bank market-makers, brokers, post-trade infrastructure (limit hubs, middleware, margining utilities, netting and compression services); and firms that help banks and others cope with the effects of regulation, such as software and systems vendors, lawyers and consultants.
