Japan FSA proposes two phases for mandatory clearing

Japan expands scope of clearing regime


Japan has proposed two phases of mandatory clearing for yen interest rate swaps with two different thresholds to capture different sizes of financial institution but insurance companies and pension funds have not been included so far.

The Japan Financial Services Agency (JFSA) sent a long-awaited letter to dealers last week regarding its plan for mandatory clearing. The first phase, commencing in December 2014, includes financial institutions – mainly banks and securities firms – with outstandin

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: