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HK regulator to bring transparency in OTC derivatives
26 October 2011
The Hong Kong Monetary Authority’s Edmond Lau announces the market will follow its global counterparts by pushing OTC derivatives onto central clearing platforms
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Hong Kong
OTC
Hong Kong regulators have proposed a new regime to increase transparency in the OTC derivatives market to bring it in line with global G20 standards.
The proposals include new rules on central clearing, reporting, and trading on exchanges or electronic trading platforms, as well as the introduction of a new local CCP for OTC derivatives to support...
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