The proposals aim to guard against systemic risk and boost customer protection in derivatives markets
The goal is to increase transparency and efficiency in the OTC derivatives market while aiming to preserve the anonymity of counterparties
The proposals are consistent with the provisions set out at the global level by the Basel Committee on Banking Supervision
A lack of co-ordination is fragmenting liquidity says the IIAC’s Ian Russell
FINRA will publish data on all equity volume executed over-the-counter
IOSCO, CPMI seek comments on consultative report
The review will examine firms’ systems and policies to ensure that trade data is being reported accurately and on time
Proposals detail margin requirements that counterparties should exchange in non-centrally cleared trades
Regulators to work together to monitor banks’ compliance with derivatives data reporting
The rules should no longer distinguish between over-the-counter and exchange-traded derivative transaction when calculating counterparty risk