Hedge Accounting Changes: What, Where, When and How

Please join us for an in depth review of the new hedge accounting standard (ASU No. 2017-12) and better understand the effects it could have on your hedging program. During our session we will walk through what has changed, where you will see the impacts, when you can adopt, and how that process can be best accomplished.


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To hedge, or not to hedge

To hedge, or not to hedge
By Nia Tam
July 04, 2016

Rob Dornton-Duff, who leads Chatham Financial’s global infrastructure and project finance advisory business, explains that infrastructure projects are not normally structured to provide sufficient headroom to absorb market risks – including currency risk – based on available cashflows


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The World After Brexit

 
The World After Brexit
Over the last few days, we’ve already spoken with numerous clients about the potential financial and regulatory impacts of the UK’s vote to leave the European Union. As the referendum’s outcome reverberates through the markets, here are a few key notes:
1) What happened in financial markets? The British


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Hedging Lessons from Brexit

 
Hedging Lessons from Brexit
On Thursday, British citizens will vote in a referendum posing this question – “Should the United Kingdom remain a member of the European Union or leave the European Union?” The result will have sweeping implications for trade policy, the flow of immigrants, and even the continued viability of the


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The Black Swan of Leicester

 
The Black Swan of Leicester
Last summer, London bookmakers were updating their odds list for the most outlandish possibilities. Cantankerous TV personality Simon Cowell to become Prime Minister: 500/1. The Loch Ness monster to be discovered: 500/1. Her Majesty the Queen to release a chart-topping hit that Christmas: 1000/1. Kim Kardashian to become


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A Hedge! A Hedge! My Kingdom for a Hedge!

 
A Hedge! A Hedge! My Kingdom for a Hedge!
Four centuries ago, the most influential English-language playwright in history was laid to rest in Stratford-upon-Avon. Yet since April 25th, 1616, William Shakespeare has captivated four centuries of audiences and readers with his masterful dramatic arcs, playful neologism, and comprehensive depiction of life’s full


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Final US OTC Margin Requirements for Derivatives that are Not Centrally Cleared

Executive Summary

On October 22, 2015, U.S. prudential regulators published final and interim final margin rules governing swaps that are not centrally cleared (the “PR margin rule”) and on December 16, 2015, the Commodity Futures Trading Commission published its corresponding final margin rules (the “CFTC margin rule” and together with the PR


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Understanding Today’s Low Interest Rate Environment: A Q&A With Equity Methods and Chatham Financial

Understanding Today’s Low Interest Rate Environment: A Q&A With Equity Methods and Chatham Financial
March 14, 2016
The United States is in a prolonged low interest environment. What does this mean for derivatives accounting, hedging, and financial instrument valuation? Industry experts from Chatham Financial and Equity Methods trade observations.

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The Uberization of Hedging

Later this month, we’ll be checking out of the grocery store, absently scanning the gift cards hanging by the conveyor belt. “Cheesecake Factory. Ruby Tuesday’s. Berkshire Hathaway. Wait … what?”
But that gift card emblazoned with the moniker of an international conglomerate won’t just be in our imagination, though we’re usually driven to near


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Common Challenges to Hedging FX Risk

Common Challenges to Hedging FX Risk
Chatham Financial White Papers – October 2015
 
Early 2015 ushered in currency volatility and dollar strength unseen in decades. Every day, new headlines of companies negatively impacted by large exchange rate movements greeted readers of financial news. Earnings calls are littered with references to “constant currency” impacts and


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