This event brings together distinguished personnel from banks, government bodies and technology companies to discuss and address crucial issues on how to seize new opportunities in retail banking and wealth management while making it beneficial for all stakeholders.
The growing need for collateral - A quick interview with EFAMA's Senior Policy Advisor
The future for collateral management is full of changes – we asked Vincent Dessard, Senior Policy Advisor and Company Lawyer at EFAMA about what awaits us. He will offer an in-depth overview of these topics at the 10th Annual Collateral Management Forum in Amsterdam.
Senior Regulatory Policy Advisor
1. Many reports hint at growing collateral demands and possible shortages. How big will the need for collateral get?
To give an answer is almost impossible to say as it depends on several factors:
- the type of eligible collateral
- the required amount
- the capacity of the collateral giver to acquire or transform assets
- the capacity to leverage
It is important to note that the vast majority of regulated fund and fund managers are only able to deliver collateral on their own assets without borrowing capability.
2. Are there any additional types of collateral to be potentially used (or even coming into use now)?
From a fund manager and regulated fund point of view, the more diverse, the better - in order to meet any strategic requirements. One limitation that remains stable is the need to have sufficient liquidity in the chosen type of collateral.
3. What has been the impact of CRD IV/CRR so far? Have there been any differences between how the buy-side and the sell-side have been (and will be) affected?
Funds and asset managers are not directly subject to CRD IV/CRR. The impact is only indirect, through an increase in cost that has an impact on the economics of trade.
4. In general, have financial institutions of various sizes adapted differently to the constantly evolving regulations?
All have to adapt but not all have same needs or same national regime. The evolution / adaption is surprisingly aligned on the size of the market participant, not buy- or sell-side.
Interested in this topic?
15th Annual Retail Banking Forum
As the region's favorite conference, the Retail Banking Forum is the industry's meeting place, where seasoned banking professionals combine C-level insights on successful retail banking strategies and hands-on case studies, transforming the current financial ecosystem.
Collateral Management Forum
The most established Collateral Management Forum in Europe is approaching its 11th Annual. 2017 is turning out to be filled with questions on initial margin and variation margin deadlines, MiFID II, Brexit, digitalization in collateral management and more, which will be answered at this forum.
Sales and Marketing in Insurance
Currently, insurers must compete not only among themselves, but also with insurtech startups and disruptors. This event focuses on the latest trends in channel management, digitization, customer-centric strategies, digital customer journeys as well as product innovation.
White paper: Collateral Management 2.0 - Preparing for OTC Derivatives Margin Regulation and Beyond
Take a look at the White Paper by our Partner DTCC-Euroclear Global Collateral
The Human Face of Big Data
Modern customers are savvy, and want to choose where, when and how they wish to interact.
Interview with Michaël Nieuwesteeg
Recently, we conducted an interview with our prominent speaker – Michael Nieuwesteeg Managing Director at Netherlands Packaging Center (NVC) the future growth of packaging industry in ME region