Tag Archives: Mete Feridun

Addressing Systemic Risks from the Procyclicality of Collateral Requirements in Derivatives Markets and SFTs

By | January 31, 2020

Courtesy of Mete Feridun  Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official views and opinions of PwC.  Post-crisis regulatory reforms have resulted in the majority of derivatives being cleared through central counterparties (CCPs) or subject to bilateral collateral requirements, such as the… Read More »

SCCyB vs CCyB: Macroprudential substitutes or complements?

By | December 23, 2019

Courtesy of Mete Feridun  Under Basel III, national authorities are allowed to introduce additional capital requirements of up to 2.5% of total risk-weighted assets to ensure that their respective national banking systems have an additional buffer of capital. This buffer provides protection against potential future losses that may arise during downward phases of credit cycles, while simultaneously… Read More »

What do the proposed changes to the supervision of liquidity and funding risks in the UK mean?

By | December 11, 2019

Courtesy of Mete Feridun When it comes to changing UK liquidity regulations, each round of revisions – such as the liquidity coverage ratio, net stable funding ratio, and the cash-flow mismatch risk framework – typically makes funding and liquidity risk management more complex and costly for firms. However, the Prudential Regulation Authority’s (PRA) recent consultation paper… Read More »

Inconsistent Implementation of the FRTB Could Jeopardize Post-Crisis Banking Reforms

By | November 20, 2019

Courtesy of Mete Feridun Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official views and opinions of PwC. In response to the global financial crisis, the Basel Committee initiated an overhaul of the market risk capital rules to address shortcomings in the current… Read More »

Deal or No Deal? Brexit Implications for UK/EU Financial Services Firms

By | September 16, 2019

Courtesy of Mete Feridun In March 2018, the UK and EU27 reached an agreement on the terms of a transitional period following the UK’s withdrawal from the EU. However, the terms of this deal are conditional on both sides agreeing to a final withdrawal treaty (“Withdrawal Agreement”).  Since Boris Johnson’s ascension to Prime Minster in July, this prospect has grown increasingly unlikely,… Read More »