The foundation of interest rate markets will be redesigned. The pricing of many financial instruments and financial contracts depends on the accuracy and integrity of benchmarks. Serious cases of manipulation...
Zum 1. Juni 2018 bekommt der Deutsche Derivate Verband (DDV) ein neues Fördermitglied. Mit der Lucht Probst Associates GmbH (LPA) erweitert sich der Kreis auf insgesamt 17 Fördermitglieder. Hierzu erklärt...
On the 18th of May, ECB officially announced the implementation of a new reference rate called ESTER (euro short-term rate) until 2020. It is established as the successor of EONIA....
Variabilisation of a fixed-rate financing using a “Cancellable Receiver Swap with Cap” Initial Situation In an earlier edition of the „Geistesblitz“ we discussed the increase in fixed-rate financing.1 The interest...
Which market parameters have an impact on the attractiveness of the TARF? The TARF in the current EUR-USD market environment The EUR-USD market environment is characterized by two mutually...
The adjustment to the COREP ITS is obligatory from December 31, 2018. EBA has published the final draft version of the adjustments on ITS for regulatory reporting on April 17,...
This entry is available only in German. In aller Kürze. Die neuen EBA „Draft Guidelines on the management of interest rate risk arising from non-trading book activities” überarbeiten die bestehenden...
This content is only available in German Zum Ende des vergangenen Jahres hat die ESMA ihre Q&A zum Thema Anlegerschutz aktualisiert und insbesondere einige weitere Fragen zum Thema „best-execution“ beantwortet....
KIDs for PRIIPs: Analysis and interpretation of performance scenarios 1. Preliminary remark. The KIDs (Key Investor Information Documents), which have been mandatory since the beginning of the year for PRIIPs...
The European Commission has started a consultation regarding the implementation of the reforms to finalise Basel III. The respective BCBS paper was published by the Basel Committee on Banking Supervision...
