Politicians clamour for OTC derivatives reform

Regulatory News

WASHINGTON, DC - Regulation of the over-the-counter credit derivatives market remains one of the top priorities for governments and regulators on both sides of the Atlantic. The US President's Working Group (PWG) policy objectives issued on November 14 focus on improving the transparency and integrity of the credit default swaps (CDS) market, enhancing firms' risk management of OTC derivatives, strengthening market infrastructure and greater co-operation between regulatory authorities. The PWG

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