24 May 2017
Find out more

IOSCO launches public information repository for central clearing requirements

06 August 2014  |  1419 views  |  0 Source: Iosco

The International Organization of Securities Commissions today unveiled an information repository for central clearing requirements for OTC derivatives, which provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions.

By providing this information, IOSCO seeks to assist authorities in their rule making and help participants comply with the relevant regulations in the OTC derivatives market. The repository sets out central clearing requirements on a product-by-product level, and any exemptions from them. The information in the repository will be updated quarterly.

Established in February 2014, the repository has been available until now only to IOSCO members. IOSCO has since gained sufficient experience, and gathered enough information on central clearing requirements, to open the repository to the public.

The information in the repository is for reference only. Interested parties should refer to the original version of the relevant laws and regulations.

In February 2012, IOSCO released the report on Requirements for Mandatory Clearing in response to the G20 commitment to ensure that all standardized OTC derivatives contracts were cleared through central counterparties by end-2012. The report recommended that authorities communicate with one another regarding the implementation of mandatory clearing within their own jurisdictions, and encouraged IOSCO to explore the establishment of a central information repository to consolidate that information.

IOSCO welcomes suggestions from the public on how to improve the information repository and on other areas that should be covered.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.capgemini.com/worldreportsvisit dh.comvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
9037 views comments | 27 tweets | 28 linkedin
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
8958 views comments | 22 tweets | 31 linkedin
Time for data-driven banking to come of ageTime for data-driven banking to come of ag...
8922 views comments | 29 tweets | 35 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
8815 views comments | 21 tweets | 24 linkedin
BBVA brings info and payments to social and messaging networksBBVA brings info and payments to social an...
6675 views comments | 11 tweets | 17 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job