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Risk magazine

Extraterritoriality: US person definition doubt

The Dodd-Frank Act requires any trade involving a US person to meet strict new regulatory requirements. The first mandatory clearing requirements are now in force – but the definition of US person is still not finalised, creating havoc for firms trying…

Solving systemic risk in harmony

Regulators face an uphill task fixing the plumbing of global financial regulation, but an organisation waits in the wings ready to be tasked with the job of marrying up the connections

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