Derivatives regulations may marginalise Asian banks
Satyajit Das, derivatives expert and the author of Extreme Money: The Masters of the Universe and the Cult of Risk, feels that CCPs may not offer a complete solution in terms of regulating OTC derivative markets. May 21, 2012 | Satyajit DasReform of the global over-the-counter (OTC) derivative markets centres upon clearing standardised derivative transactions through a central counterparty (CCP), which will guarantee performance of contracts. However, the CCP proposal contains several weaknesses. It may also erode the competitive position of Asian banks, reducing their profits from derivative activities. Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Asset Management, Trustees and Custodians, Markets & Exchanges, Regulation, Risk and RegulationTrustees Custodians and Depositories,Markets Exchanges,riskregulation,Risk and Regulation, Asset Management, Trustees and Custodians,Markets & Exchanges,Regulation,Risk and Regulation, Keywords:CCP, OTC Derivatives, FSA UK, ISDA CCP, OTC Derivatives, FSA UK, ISDA
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