Topic
Hedging
40 published works
Banking, Finance and Securities
EBA final report on draft technical standards on the conditions for determining whether an instrument attracting residual risk acts as a hedge
On 17 December 2024, the European Banking Authority (EBA) issued a final report containing draft regulatory technical standards (RTS) on the conditions for determining whether an instrument attracting residual risk…
Global Regulation Tomorrow
Commission adopts ELTIF Regulation delegated act
By Claire Guilbert, Simon Lovegrove (UK)
On 19 July 2024, the European Commission adopted a Delegated Regulation supplementing Regulation (EU) 2015/760 with regard to regulatory technical standards specifying when derivatives will be used solely for hedging…
Finance & Bankruptcy Law Blog
SEC’s Proposed Conflicts of Interest Rule May Impede Hedging
By Aaron Levy
Critics are warning that the SEC’s recently proposed rule (the “Proposed Rule”) prohibiting conflicts of interest in asset-backed securities (ABS) transactions may impede the ability of financial institutions, broker-dealers and…
Restructuring Globalview
What is in your Derivatives?
By Leona McManus, Robert Lendino, Sabina Khan
Recent market shocks (from the 2022 mini budget which triggered a pension fund crisis to more recent developments with respect to Credit Suisse, Silicon Valley Bank and Signature Bank) will…
Derivatives & Repo Report
Hedging Derivatives under Rule 18f-4: Not an “All or None” Exclusion
By Stephen A. Keen, Perkins Coie
This post will address another ambiguity in the “10% buffer” Rule 18f-4 provides for excluding the notional amount of derivative transactions that hedge currency or interest rate risks (“Hedging Derivatives”)…
Derivatives & Repo Report
Rule 18f-4: The 10% Buffer and Changes in Hedged Investments
By Perkins Coie
By Stephen A. Keen and Andrew P. Cross This post continues our examination of the “10% buffer” for Hedging Derivatives, which refers to the amount by which the notional amounts of…
Derivatives & Repo Report
Rule 18f-4: The 10% Buffer and Adjusting Notional Amounts of Hedges
By Stephen A. Keen, Perkins Coie
We promised a few posts back to discuss how a Limited Derivatives User should apply what we termed the “10% buffer” to determine whether currency and interest-rate derivatives may be excluded from…
Derivatives & Repo Report
Rule 18f-4: Trimming Hedges—Hedges Excluded from Derivatives Exposure
By Perkins Coie
By Stephen A. Keen and Andrew P. Cross Our post on the derivatives exposure equation began with a separate equation concerning interest rate and currency hedges. This post explains the significance of…
The Energy Law Blog
Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets
It has been an extraordinary few weeks as businesses face challenges presented by the COVID-19 outbreak. Companies are grappling with a multitude of issues — from the health and safety…
The Securities Edge
It’s almost 2020 — do you know where your hedging policy is?
[caption id="attachment_3511" align="alignright" width="320"] Image by Ron Porter from Pixabay[/caption] Although Dodd-Frank was enacted in 2010, the rule needed to implement one of its provisions – the requirement to disclose…