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Hong Kong regulators seek industry input on derivatives 

July 18, 2014

Hong Kong moved one step closer to implementing the G20 post-crisis reform agenda on Friday with the publication of a long-awaited consultation on the treatment of derivatives trades. 

The paper, jointly-issued by the Hong Kong Monetary Authority (HKMA), the city's de facto central bank, and the Securities and Futures Commission (SFC), will help establish detailed rules on how information relating to privately-negotiated derivatives trades are reported to the regulators.

The rules form part of Hong Kong's broader efforts to comply with the post-crisis G20 reform agenda, which aims to reduce the risk of trading over-the-counter derivatives by making transactions in this market transparent to watchdogs.

Read More: Reuters

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