Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.
Tag : g20
Asset managers appear resigned to the drive by governments globally to collaborate on information exchange and withholding requirements for combating tax evasion, says JP Morgan.
The bank becomes the second after Citi to combine trading execution with settlement/clearing on a multi-asset class platform.
Compliance officers at financial institutions outline how the cost of complying with a raft of regulatory reforms is dampening innovation and making it difficult to stay competitive.
Some are waiving fees to prevent negative yields for investors and that’s hitting top-line growth, even as regulatory changes support their business models, reflects Northern Trust.
A group representing 90% of the global foreign exchange market says proposals to impose margin requirements on FX swaps and forwards are counterintuitive.
The global move towards central clearing, and the posting of margin on uncleared OTC derivatives, sees asset managers increasingly looking to outsource collateral management.
