Video – Asia's illiquid markets complicate CCP default process: Isda

Directional portfolios and limited diversification will hamper recovery process

Keith Noyes, Isda

CCP recovery and resolution regimes have been the subject of intense debate in 2015, and according to Keith Noyes, Asia-Pacific regional director for the International Swaps and Derivatives Association, clearing houses in the region face additional pressures due to their fragmented capital markets.

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