Asian supervisors look to central clearing

Clearing the way

clearing-1r

All eyes have been on recent wrangling in the US Senate over the final shape of a comprehensive regulatory package to reform the over-the-counter derivatives markets. Europe is also preparing to launch its proposals to transform derivatives markets, with the European Commission (EC) expected to publish its scheme within the next month or two. In contrast, the Asia-Pacific region has kept a much lower profile, with many regulators declaring they will look to take their lead from the Group of 20 (

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