- financial institutions
- private equity
- real estate
“In the meantime, talk is circulating that the long dormant regulatory proposal’s revival may be imminent. Luke Zubrod, a director at Chatham Financial, said US regulators will likely change the proposal to resemble more closely the recommendations issued by the Working Group on Margin Requirements (WGMR), which was formed in 2011 by the Basel Committee on Banking Supervision (BCBS) and the International Organizations of Securities Commissions (IOSCO). For example, US regulators proposed separate margin requirements for high-risk and low-risk financial end users, whereas the WGMR recommended only one.”
NEW YORK, N.Y. – Peter Beyers and Stanley Sellers, two former Wall-Street derivative’s traders, are leading a group of financial professionals in a quest to create a derivatives trading system completely untethered from financial regulation. The idea is to establish human and technological infrastructure robust enough to support a legitimate presence in the derivatives market that operates apart from any regulatory scheme. “Navigating the do’s and don’ts of the new and existing regulation across the world is becoming increasingly difficult and burdensome for market participants,” said Mr. Beyers. “Imagine the efficiencies you could create by cutting away all the red tape.”
But finding a way to stay out of reach...
A Fortune 100 technology company with international operations and multiple hedging programs involving exchange-traded and over-the-counter (OTC) derivatives across different asset classes, including foreign exchange, interest rates, and credit.
The company was concerned about the impact of new derivatives regulations on its hedging programs, including how the parent company and numerous subsidiaries might be classified under Title VII, what new regulatory requirements might apply, and the extent to which hedging costs may increase due to new regulatory requirements. The client’s hedging programs spanned multiple global regulatory jurisdictions and included several different entities including both financial and nonfinancial entities.
Chatham conducted an in-depth review of the hedging programs, spending two days onsite at the client’s premises to interview stakeholders within...
"In the recently published edition of CRE Finance World, Chatham regulatory experts Luke Zubrod and Phong Dinh contributed on the topic of “Sizing Up the Impact of Derivatives Regulation on the European Property Sector” reviewing the state of EMIR enforcement and the emerging requirements facing financial risk management programmes.” Read More