Regulations Making Non-Cleared Derivatives Less Financially AppealingMark Melin
Over the counter (OTC) swaps, those non-cleared derivatives products at the center of causation of the 2008 financial crisis, may see operational costs that become “unsustainably burdensome,” states a white paper from the DTCC-Euroclear Global Collateral and consultant PricewaterhouseCoopers. The cost of complying with new regulations could significantly the overall risk exposure of the derivatives that sell-side banks currently have, all resulting from a patchwork of U.S. and international regulations.
Sell . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.