South Africa considers onshore mandate for OTC clearing

On-message for onshore clearing?

leila-fourie

South African regulators have a big decision to make – whether to let domestic dealers conduct all their over-the-counter derivatives business with overseas central counterparties (CCPs), or to insist certain trades are handled by a domestic clearer that does not currently exist.

The decision rests with the National Treasury, which says it currently has no preference, but some observers believe it is edging towards the second course of action. South African dealers have been allowed to start

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

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