Tag Archives: Clearing

CFTC Launches New Rule on Derivatives Clearing Organizations

Derivatives clearing organizations (DCOs) offer a valuable purpose in the investment community. Like many other investment operations, they’re thoroughly regulated, and sometimes those regulations are not as clear-cut as many would prefer. Thus,  the Commodity Futures Trading Commission (CFTC) recent … Continue reading

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The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019

On 26 March 2019, the Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019 were made and published on legislation.gov.uk, together with an explanatory memorandum. Our earlier blog addressing the content of these Regulations is here. … Continue reading

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Joint statement by UK and US authorities on continuity of derivatives trading and clearing post-Brexit

On 25 February 2019, the UK and US authorities issued a joint statement on continuity of derivatives trading and clearing post Brexit. The joint statement covers the following issues: Continued supervisory cooperation. The Bank of England (BoE) and the Commodity … Continue reading

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ISDA issues paper on clearing risk management best practices

On 24 January 2019, the International Swaps and Derivatives Association (ISDA) published a paper containing a set of clearing risk management best practices for central counterparties (CCPs). The overriding principle guiding these recommendations is the importance of ensuring that CCP … Continue reading

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ESMA public statement – managing risks of a no-deal Brexit in the area of central clearing

On 23 November 2018, the European Securities and Markets Authority (ESMA) issued a public statement to address the risks of a no-deal Brexit in the area of central clearing. The ESMA board of supervisors supports the continued access to UK … Continue reading

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