Impact of regulatory reform on clearing and settling OTC derivatives

With its value estimated over $600 trillion, the OTC derivatives market is an integral piece of the international financial infrastructure. However, as a result of the recent financial turmoil, OTC derivatives and more specifically credit default swaps have come under intense scrutiny. The general consensus from regulators and politicians around the world is that the OTC derivatives market needs to be more robust and transparent. It is widely considered that shifting standardised OTC derivatives to centralised clearing platforms will mitigate counterparty risk, and greater transparency can be achieved through utilising trade repositories. Although regulatory progress has been made in certain jurisdictions, there is still a degree of uncertainty and ambiguity regarding the technicalities of the proposed reforms and

How this will impact practitioners involved in OTC derivative clearing and settlement.

This highly topical two day seminar will provide delegates with an in-depth examination of the proposed reforms and an analysis into their impact on the key processes involved in OTC derivative clearing and settlement.