JFSA pushes for JSCC to clear US customer trades
Discussions with CFTC over bankruptcy protections for US clients are ongoing
Derivatives regulators in the US and Japan are working on an arrangement that would allow US customer accounts to clear swaps trades at the Japan Securities Clearing Corporation (JSCC).
New rules adopted by the US Commodity Futures Trading Commission in September give non-US central counterparties (CCPs) two options for servicing US clients. The first is to apply for exempt status, which would
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