Reporting obligations under the FMIA – The Financial Market Infrastructure Act (FMIA) came into force on 1 January 2016. It is the Swiss equivalent to EMIR in the EU and Dodd-Frank in the US. As of 1 January 2018, the transitional periods for reporting obligations will expire. This article outlines the Act’s reporting requirements and responsibilities, with a focus on the FX derivatives business.
Heading for the best global growth in six years – The most recent economic data continue to reinforce the view that the global economy is doing well. For now, however, the impetus for acceleration is primarily coming from the developed markets. Our outlook.
Mispriced currencies in focus – The economic upturn has now arrived in virtually all countries. Against this backdrop, the large mispricings in the currency markets no longer seem to fit the prevailing picture. Which currencies continue to be attractive from a Swiss franc perspective? Our thoughts on this.
Will the EUR stage a rebound this year, as it did in 2017? Perhaps, but USD weakness will not be eno...» more