EU’s late CDS transparency push triggers trader fears
Leaked proposal to shoehorn public disclosure of CDS into Mifir placates Esma, but alarms traders
Never let a good crisis go to waste. The truth in this old political saw is being played out in Brussels’ corridors of power, following the sell-off in Deutsche Bank shares only days after the Swiss authorities’ bail-in of Credit Suisse. Regulators believe the blame for the sell-off lies in the credit derivatives market – and now want greater public insight into trade details of single-name credit
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