The 2008 global financial crisis triggered a global movement to improve transparency and reduce counterparty risks in the OTC derivatives markets. Among the reform measures adopted internationally were a requirement for all OTC derivatives transactions be reported to trade repositories, but implementations have diverged across jurisdictions. There is a move towards harmonisation, however, with Asia playing a leadership role.
Regulation Asia’s Garima Chitkara sat down with Oliver Williams, Head of DTCC Data Repository (Singapore) Pte Ltd, to talk about how trade reporting regulation has evolved in Asia, and what to expect next. (see Part 1 here)
This video was produced in conjunction with the editorial team at Regulation Asia.
