John Lund chaired the Risk Derivatives Clearing Europe conference attended by 150+ industry delegates covering several key topics
John Lund was one of the main speakers at the recent Risk event "Central Clearing: Managing Cost and Collateral Management", held in London on 3rd and 4th June: http://www.training.risk.net/centralclearingldn. There was particular focus on trends with Clearing Brokers given the rapid increase in cost of provision of the service.
John Lund was on the Collateral Management panel alongside Bill Hodgson (theotcspace), Ted Allen (Sungard) and Diana Higgins (Crediten)
John Lund chaired the recent Collateral Management in Banking Summit attended by many industry practitioners and experts which covered key topics including:
- Collateral Optimisation
- Regulatory Reform update
- Operational and Technology challenges
- Buy side solutions
- Risk Management
John Lund represented JXL Consulting Ltd at the Clearing and Settlement 2 day conference in London in November 2014. Topics included an update on regulatory timeframes, how to deal with the expected collateral "crunch", collateral optimization as well as a focus on the various CCP offerings.
John Lund was the moderator at one of the panel discussions at the Risk Clearing Europe conference in September 2014 to discuss "collateral management and the margin regime for non-cleared trades".
The European Security Authorities (ESAs) published the draft regulatory technical standards (RTS) detailing risk mitigation techniques for OTC derivative contracts not cleared on a CCP under Article 11 of EMIR.
Article 11 requires that counterparties entering into an uncleared derivative contract should ensure that appropriate procedures and processes are in place to measure, monitor and mitigate operational risk and counterparty credit risk including the exchange of variation and initial margin.