Sparks fly on regulation during Isda's annual general meeting

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In his opening address on April 22, Isda executive vice-chairman Bob Pickel sought to emphasise the amount of work the industry had undertaken to tidy up the derivatives market. “Supervisors today are focused on one key goal: reducing systemic risk. They aim to achieve this goal by making sure an effective regulatory framework is in place for key firms, strengthening counterparty risk management, improving transparency and building a robust operational infrastructure. We completely endorse these

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