Landmark development - The G-30 report (1993)

The Group of Thirty (G-30) report, Derivatives: Practices and Principles, has had a long-lasting impact on the derivatives market. The study, published in July 1993, has not only provided the industry with a benchmark for responsible risk management, but also demystified derivatives for those outside the business. Some even claim the report was crucial in staving off draconian regulation in the wake of the 1994 derivatives mis-selling scandals.

The G-30 was founded in 1978 as a private body,