More News/Risk Management articles

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CLS faces uphill battle to meet currency expansion targets

FX settlement system aims to add another 17 currencies within 10 years, but some caution that CLS membership doesn't make economic sense for certain emerging market currencies

Settlement Risk | 11 Mar 2013
FX Week USA 2012

New York Fed demands better management of FX risks

Greater use of capital and collateral to mitigate all risks relating to FX trading is crucial, warns Jeanmarie Davis, head of financial market infrastructure at the NY Fed

Settlement Risk | 11 Mar 2013
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CLS hires ex-New York Fed veteran to head regulation

Management changes at CLS continue with the appointment of Dino Kos, former head of FX at the New York Fed, as head of global regulatory affairs

People | 21 Feb 2013
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CLS squares up to member onboarding challenges

Having added Swedbank and Lloyds as settlement members in the past two years, CLS has committed itself to further expanding its membership as well as its currencies

Settlement Risk | 21 Jan 2013
Philippe Bonnefoy at FX Week Europe 2012

FX Week Europe: Op risk requires greater focus in FX post-Sandy

Investment in business continuity and the robustness of electronic platforms is increasingly important in the light of Hurricane Sandy, say conference speakers

Operational Risk | 23 Nov 2012
settlement-converted

CLS adds Swedbank as a settlement member

The Swedish bank is the latest bank to become a settlement member of CLS, after Lloyds was added in September 2011

Settlement Risk | 15 Nov 2012
basel-hq

Basel proposal to capitalise settlement risk ‘unnecessary’

In comment letters published this week, banks have taken issue with Basel Committee guidance that would capitalise post-execution exposure to settlement risk

Settlement Risk | 02 Nov 2012
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FX Invest latest edition

The April 2013 - June 2013 edition of FX Invest, the quarterly sister magazine to FX Week, is now available

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