Market welcomes ‘pragmatic’ approach to central clearing by MAS

Keith Noyes, Isda

Derivatives market participants have welcomed the decision by the Monetary Authority of Singapore (MAS) not to insist on the use of a specific clearing house for OTC derivatives where at least one leg is booked in Singapore, with one senior banker in Singapore describing the stance as “pragmatic and clever”.

In a consultation paper issued last week, the MAS said it would require central clearing of trades where “both parties to the contract are resident or have presence in Singapore or one party

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


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 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