Overview of international work towards OTC derivatives markets reform and remaining challenges
M. Kono
Financial Stability Review, 2013, issue 17, 29-38
Abstract:
This article delineates the initiatives taken by standard setting bodies including International Organization of Securities Commissions, for which the author serves as Chairman of the Board to set up international standards, as well as efforts made by regulators of major over-the-counter (OTC) derivatives jurisdictions,to fulfill the Pittsburgh G20 leaders’ commitment on OTC derivatives market reform. The aim of the article is to provide an overview of reforms undertaken by both of international organisations and major national authorities in the last few years, as well as major challenges ahead to be addressed.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:fisrev:2011:17:03
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