03.10.2012 - Adapting global derivatives rule changes for Asia’s markets
The Dodd-Frank Act may originate in Washington, DC but its impact on the over-the-counter derivatives sector will be global. Market participants in Asia need to be ready for a changing landscape that may change the way they transact with US entities. Regulatory reforms around the world have created a challenging business environment, not just in their native jurisdictions, but for swaps market participants in Asia-Pacific as well. Initiatives including the Group of 20 (G-20) commitments, the US Dodd-Frank Act, the European Market Infrastructure Regulation (Emir), the revised Markets in Financial Instruments directive and regulation, and the Basel III reforms all have an impact well beyond their borders...............................................Full Article: Source
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