The European Securities and Markets Authority announced on Feb. 4 that it has decided against moving forward with a proposal to mandate central clearing for non-deliverable currency forwards.
CONTINUE READINGThe U.S. Commodity Futures Trading Commission held a public meeting of its Market Risk Advisory Committee on Dec. 4 in Washington, D.C. The MRAC discussed, among other issues, clearinghouse risk management, governance and clearing incentives, and explored the challenges of balancing the interests of clearinghouses, their members and end-users. Rostin Behnam, the CFTC Commissioner who oversees this committee, also announced the launch of a subcommittee on interest rate benchmark reform and released a list of the subcommittee members.
CONTINUE READINGThe 14th annual FIA Asia conference took place 27-30 November 2018 at The St. Regis Singapore.
CONTINUE READINGThe Options Clearing Corporation, the Chicago-based clearinghouse, will return $110 million of the $150 million contributed by its shareholder exchanges after its capital plan was rejected by the U.S. Securities and Exchange Commission.
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