New consultative document identifies key criteria, functions and bodies for the governance arrangements for critical OTC derivatives data elements data, other that UTI and UPI.
August 20, 2018FSB, CPMI, IOSCO and BCBS find continued concentration of prefunded financial resources at small number of CCPs; exposures to CCPs also concentrated among small number of clearing members.
August 15, 2018FSB, BCBS, CPMI and IOSCO consultative document suggests some aspects of regulatory reform may not incentivise provision of client clearing services.
August 9, 2018HKMA and SFC published conclusions from their March 2018 consultation on LEI requirements, reporting norms and platform trading.
June 28, 2018RBI releases draft rules which would require the use of LEIs for non-derivatives transactions, having already announced a phasing in for OTC derivatives markets.
June 25, 2018SFC consultation proposes to phase-in IM requirements to avoid market disruption; VM to take effect on 1 September 2019.
June 20, 2018First digital version of the ISDA CDM covers interest rate and credit derivatives products; aims for efficiency, interoperability, reduced complexity in derivatives market.
June 7, 2018Mandatory clearing to apply to SGD and USD fixed-floating interest rate swaps; applicable to banks with OTC derivatives exceeding SGD20 bn.
May 3, 2018Japanese banking association asks for 6-12 months grace for implementing LEI requirements; urges for increased incentives to encourage smaller firms to obtain LEIs.
April 30, 2018Draft law provides ASIC with wider range of tools to enforce better protections for client money held for OTC derivatives.
April 20, 2018