Asia OTC markets at risk from lack of global CCP framework

asia markets

The failure to agree a globally co-ordinated set of rules to manage central counterparty (CCP) equivalency could drive US and European dealers from Asian markets, prompting a fall in liquidity that could make it "impossible" for cross-border transactions to take place in the region, according to Howard Lee, executive director of the Hong Kong Monetary Authority (HKMA).

The potential for Asian CCPs to be deemed non-equivalent by Europe and the US has caused concern for dealers in the region but r

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 indvidual account here: