FSA's Tiner warns against complacency

risk-0507-05-gif

Outstanding confirmations in the credit derivatives market have continued to improve, falling to 5.5 days versus 16.2 days a year ago, according to the International Swaps and Derivatives Association. The amount of time it takes for firms to send credit derivatives confirmations to clients has also improved, with 70% now sent out one day after execution, compared with 50% in 2006.

However, dealers must remain watchful to ensure the problems do not re-emerge, says John Tiner, chief executive

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: