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OTC derivatives could escape radical reform

07 January 2010

US and UK regulators have apparently backed away from previous commitments to forcing most OTC derivatives transactions onto centralised exchanges

Read more: OTC derivatives regulation centralised exchanges

The United States and United Kingdom have apparently backed away from previous commitments to forcing most OTC derivatives transactions onto centralised exchanges, according to Oxford Analytica, a UK think tank.

Oxford Analytica commented: “Given the high importance of the US and UK capital markets globally, this climb-down essentially guts a regulatory aim flagged by the G20 as a rhetorical priority.” Regulation of OTC derivatives had gained increasing priority in New York and London after they were cited as being a primary cause of...


 

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