IACPM Weekly SmartBriefDesigned specifically for credit portfolio managers, IACPM Weekly SmartBrief is a FREE e-mail newsletter. It will bring you essential news that impacts Credit Portfolio Managers.&nbsp;Click&nbsp; <a href='http://www.smartbrief.com/iacpm/index.jsp?sb_code=rss'>here</a> to subscribe.http://www.smartbrief.com/news/iacpm?sb_code=rsshttp://www.smartbrief.com/images/homepage/hed-smartbrief.gifIACPM Weekly SmartBriefhttp://www.smartbrief.com/news/iacpm?sb_code=rssen-us14 May 2013 08:28:58 CDTDodd-Frank rules expected to hit CDS and IRS marketshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DCDE4B1DC-71F7-4B0C-9F4C-67788984C333%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DCDE4B1DC-71F7-4B0C-9F4C-67788984C333%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssSome analysts are expecting the markets for credit default swaps and interest-rate swaps to see a drop in trading volumes whe -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsEuropean banks raise capital amid Basel III pressurehttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D756F81C3-2ED3-48BA-97B3-C11673FBFB92%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D756F81C3-2ED3-48BA-97B3-C11673FBFB92%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssBanks in Europe are raising funds as Basel III capital rules loom.  -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsChinese lenders prepare to issue bonds under Basel IIIhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DB6DD51B2-061A-4CFA-85DD-15CB32E804B9%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DB6DD51B2-061A-4CFA-85DD-15CB32E804B9%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssTianjin Binhai Rural Commercial Bank and Chongqing Rural Commercial Bank, two small Chinese lenders, are working to issue the -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsOTC derivatives volume continues to fall, BIS sayshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D5D089192-D26C-460A-A1FA-633938953C3F%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D5D089192-D26C-460A-A1FA-633938953C3F%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssThe Bank for International Settlements has released its semiannual report on over-the-counter derivatives, which shows a decl -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsEuroclear and DTCC will develop platform to pool collateralhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D39421AD7-B3D3-4A86-ADC6-01A068790833%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D39421AD7-B3D3-4A86-ADC6-01A068790833%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssEuroclear and Depository Trust & Clearing Corp. are joining forces to develop a platform that will allow European and U.S.  -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsSwap-margin rules present challenge for buy-side firms, survey findshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D55B4B1A8-3D12-4F14-8EBA-32DDC358373F%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D55B4B1A8-3D12-4F14-8EBA-32DDC358373F%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssCelent recently released a survey that found almost half of buy-side firms are not ready to meet new collateral rules for ove -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsCLO managers change "cov-lite" definition to get more dealshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D31833B8E-32FC-435D-9A8C-5313DC7044CE%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D31833B8E-32FC-435D-9A8C-5313DC7044CE%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drss -More- ]]>14 May 2013 08:28:58 CDTCredit MarketsU.S. financial system still vulnerable, Bernanke warnshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D6EE6CEA3-9918-4756-9060-75AEA786E924%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D6EE6CEA3-9918-4756-9060-75AEA786E924%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssA wide range of vulnerabilities still confront the U.S.  -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesCFTC is poised to vote on rules governing swapshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D3A43D41E-63E6-406D-B6C1-886572230172%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D3A43D41E-63E6-406D-B6C1-886572230172%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssThe Commodity Futures Trading Commission is scheduled to consider rules governing swaps trading, including the design of swap -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesRegulators must decide whether Basel III is enough, Curry sayshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D7B23016A-15B2-4E7D-A2C0-CCE6440A341C%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D7B23016A-15B2-4E7D-A2C0-CCE6440A341C%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssComptroller of the Currency Thomas Curry called for careful consideration of whether regulators need to implement capital req -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesPoll: EU's CVA exemptions should be copied by other regulatorshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D1A1A8E65-65F7-4BB4-B3D0-71EBC78FD1AA%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D1A1A8E65-65F7-4BB4-B3D0-71EBC78FD1AA%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssRegulators worldwide should follow the EU's footsteps and offer exemptions to Basel III's capital charge for credit-valuation -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesBasel proposals will hurt European securitization, experts warnhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D74C4D9A5-3584-40FB-A4A1-DBDA8D04E308%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D74C4D9A5-3584-40FB-A4A1-DBDA8D04E308%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssMarket participants are raising concerns about how proposed capital rules will affect Europe's securitization market.  -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesRegulators tout different Libor alternativeshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D6E207131-0668-42F8-A34D-8B05EA326463%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D6E207131-0668-42F8-A34D-8B05EA326463%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssMartin Wheatley, head of the U.K.'s new Financial Conduct Authority, said a dual-track system consisting of survey-based lend -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesSpain's central bank implements tough new rules for lendershttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D12EEF773-678E-49A9-A80A-CF1FF67488B9%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D12EEF773-678E-49A9-A80A-CF1FF67488B9%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssThe rescue of Spain's banking sector enters a new phase with the nation's banks now governed by central bank rules that requi -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesConcerns mount about overhaul of benchmarkshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DD6C84A7D-1EBD-475B-8E26-9FDF1D599C2B%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DD6C84A7D-1EBD-475B-8E26-9FDF1D599C2B%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssRegulators have been looking at how financial and commodity benchmarks are determined, prompting concerns about how to make t -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesRegulatory fragmentation requires attention, experts sayhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D4E0B6FFE-F3A8-469A-805F-BE93B9D807FD%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D4E0B6FFE-F3A8-469A-805F-BE93B9D807FD%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssISDA CEO Robert Pickel noted issues related to extraterritoriality of financial regulations at Markit's annual customer confe -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesAustralian regulators issue plan on OTC derivatives clearinghttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D4EA5277E-8C8E-4625-8F74-0E051D927142%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D4EA5277E-8C8E-4625-8F74-0E051D927142%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssThe Australian Prudential Regulation Authority, the Reserve Bank of Australia and the Australian Securities and Investments C -More- ]]>14 May 2013 08:28:58 CDTRegulatory and Accounting IssuesLast-minute online registration for IACPM’s Annual Spring Conference will stay open until close of business May 15http://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DBB849ABF-1D86-49A8-A6A8-D6C1A72D4CAE%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DBB849ABF-1D86-49A8-A6A8-D6C1A72D4CAE%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3DrssIf you have not registered online, you can still join the over 200 people who are attending the meeting which starts on Wedne -More- ]]>14 May 2013 08:28:58 CDTIACPM NewsIn an article in The Banker, IACPM head Som-lok Leung discusses the changing role of CPM in post-crisis worldhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D9DAF89E3-ABD1-4468-A276-2645BDCDDB2D%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3D9DAF89E3-ABD1-4468-A276-2645BDCDDB2D%26brief%3Diacpm%26sb_code%3Drss%26%26campaign%3Drss -More- ]]>14 May 2013 08:28:58 CDTIACPM NewsBeware of trying to accomplish anything by force.http://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DE72A63BF-124B-4DC2-A1DE-009725FC453B%26brief%3Diacpm%26sb_code%3Drss%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3D884ED4D7-F2B5-454C-B3ED-1DFCA3D81BD5%26copyid%3DE72A63BF-124B-4DC2-A1DE-009725FC453B%26brief%3Diacpm%26sb_code%3Drss%26campaign%3DrssSister Angela Merici,Italian religious leader -More- ]]>14 May 2013 08:28:58 CDTSmartQuote