UK watchdog chooses Markit

The UK Financial Services Authority (FSA) has picked Markit to supply pricing information on credit derivatives.

London-based Markit will provide the regulator with pricing benchmarks on credit default swaps (CDSs) and access to its reference entity database. The FSA will use the information for research and regulatory compliance purposes, Markit said.

In particular, the FSA could use the CDS market to provide advance warning of problems at the underlying companies, says Penny Davenport, Markit's

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

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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