- Direct lending (21)
- Emerging markets (3)
- High yield bonds (27)
- Investment grade credit (11)
- Structured credit (5)
- CLO (9)
- Distressed debt (4)
- Credit derivatives (49)
- Leveraged loans (19)
Deadline just hours away for CDS users to sign Isda protocol9 days ago
Midday New York time is the cut-off for market participants to sign up to the International Swaps & Derivatives Association’s protocol aimed at stamping out narrowly tailored credit events from CDS
Over 1,200 sign up to CDS protocol10 days ago
Plans to improve CDS market integrity have received a boost, with the International Swaps & Derivatives Association drawing a stronger than expected response to its protocol aimed at stamping out narrowly tailored credit events (NTCEs).
FisherBroyles hires derivatives and regulations specialist as partner13 days ago
FisherBroyles, an Atlanta headquartered law firm, has hired derivatives and securities specialist Julian Hammar as a partner in its New York and Washington, DC offices
CDS traders get second extension on narrowly tailored credit event protocol20 days ago
The International Swaps & Derivatives Association has extended for a second time the deadline for market participants to adhere to a protocol aimed at stamping out narrowly tailored credit events from the CDS market
Traders face Monday deadline for manufactured credit event protocol23 days ago
Interested parties have until Monday to sign up to a protocol aimed at stamping out narrowly tailored credit events from the CDS market, with the International Swaps & Derivatives Association having given extensions on the original deadline
Anti-CDS tactics enter European bond market as high yield pipeline builds1 month ago
‘Anti-net short’, or ‘anti-CDS’, provisions are set to enter the European corporate bond market for the first time, as Merlin Entertainments and Kantar wrap up roadshows for deals financing their acquisitions by private equity firms
LCH and Ice prepare to battle it out over options clearing1 month ago
A fully cleared market for CDS options is getting closer, with the two largest central clearing counterparties (CCPs) set to expand their services.
Narrowly tailored event protocol set to go live in weeks1 month ago
Investors have until 14 October to sign up to an Isda protocol aimed at stamping out narrowly tailored credit events (NTCEs) from the CDS market.
Guidelines fail to assuage fears over loose reporting standards2 months ago
The Chartered Financial Analyst (CFA) Institute’s new hedge fund reporting guidelines come into play next year, but some say they fall short of a much-needed overhaul.
Esma publishes final guidelines for alternative and Ucits fund liquidity stress-test2 months ago
Fund managers have just over a year to comply with liquidity stress test final guidelines published yesterday by the European Securities and Markets Authority (Esma) for alternative investment funds (AIFs) and undertakings for the collective investment in transferable securities (Ucits)
LCH's French unit adds first Japanese clearing member2 months ago
Mizuho has signed up as the first Japanese clearing member of LCH SA, the French clearing unit of London Stock Exchange-owned LCH Group
Big questions for CDS shorters as Isda protocol countdown begins3 months ago
With only a month to go until the International Swaps & Derivatives Association rolls out its protocol for narrowly tailored credit events, big net buyers of CDS protection should think hard about both its value and maintaining liquidity, says law firm Kramer Levin
New EC fund rules could lead to ‘pre-pre-marketing’3 months ago
The European Commission has approved a standardised concept of ‘pre-marketing’ in a move that could see more capital flow through the European Economic Area. The new definition of pre-marketing is meant to provide clarity, but some sources say that the amendments could be seen as an additional burden and lead to a concept of pre-pre-marketing.
Regulators delay final initial margin deadline and add extra roll-out phase3 months ago
Regulators have granted a one-year reprieve to smaller counterparties from a requirement to post initial margin on derivative trades, while introducing an additional implementation phase. But while a relief for large numbers of firms struggling to meet the deadline, the concession still ignores calls from industry bodies to deploy a higher final capture threshold
Morgan Stanley becomes third bank in four months to join CDSClear4 months ago
Morgan Stanley has signed up as a member of CDSClear at LCH SA
Ireland looks to tweak fund regulation in private debt push4 months ago
Ireland has proposed several technical amendments to its regulated Irish Limited Partnership (ILP) as it tries to regain ground lost to Luxembourg.
Creditflux adds net-short loan language topic to Credit Dimensions agenda5 months ago
Creditflux has added the hot new topic of net-short loan language to its Credit Dimensions event in New York on Wednesday
Market making begins in German bank senior preferred CDS6 months ago
Dealers will today begin making markets in senior preferred CDS of German banks, following the implementation of a protocol created by the International Swaps & Derivatives Association
LCH signs up first Italian member to CDSClear6 months ago
Banca IMI, the investment bank of Intesa Sanpaolo, has signed up as the first Italian member of CDSClear at LCH SA, the French clearing unit of London Stock Exchange-owned LCH Group
Three "critical safeguards" required for competitive loan syndication, European Commission says7 months ago
The European Commission has published its final report on European loan syndication and the impact of competition in credit markets, in which it outlines three "critical safeguards"
Esma amends recognitions for UK CCPs in event of no-deal Brexit7 months ago
The European Securities and Markets Authority (Esma) will continue to recognise three UK-based central counterparties (CCPs) and the UK Central Securities Depository (CSD) in the event of a no-deal Brexit on 12 April
Distressed specialists monitor weaknesses in direct lending7 months ago
Stressed and distressed debt managers might be best served by looking at the direct lending market for opportunities. Sources say that two of the most experienced direct lenders in the business have been forced to deal with problem credits in their portfolios
Leveraged loans pose credit risk but not systemic risk, conference told7 months ago
Regulators and the press need to understand the difference between credit risk and systemic risk, claimed panelists at the IMN European CLOs and Leveraged Loans conference
Ashurst hires counsel with structured products experience7 months ago
Ashurst has appointed a counsel in its global markets practice in Paris
European regulators lower Solvency II capital charges for private debt8 months ago
The European Commission has amended Solvency II rules to make it easier for insurance companies to invest in private debt and private equity
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