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FSB publishes progress report on OTC market reforms 

November 10, 2014
FTSE Global Markets

The Financial Stability Board (FSB) has published today its eighth progress report on implementation of OTC derivatives market reforms. Although implementation of reforms to meet these commitments is not yet complete, progress continues to be made, says the agency, as it outlines progress to date.

The report published today finds that, although implementation of reforms to meet these commitments is not yet complete, progress has continued to be made in reform areas across the FSB member jurisdictions and further progress is anticipated for 2015. 

The report says the adoption of legislation, where this has been a necessary first stage of the reform process, is nearing completion. While jurisdictions vary in their stage of implementation of detailed regulations, the greatest progress to date has been made in adopting regulations implementing higher capital requirements for non-centrally cleared derivatives and trade reporting requirements.

Read more: FTSE Global Markets

 
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