Regulators push for operations changes

Among the various recommendations was the setting of strict criteria on the accuracy and timeliness of trade data submission and resolution of trade matching errors. Additionally, the regulators called for the International Swaps and Derivatives Association's cash settlement protocol - introduced in 2005 - to be written into standardised credit derivatives trade documentation.

The industry is responding to the recommendations. In a letter sent to the Federal Reserve Bank of New York on March 27

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:

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 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: