Community
The Australian Treasury Department has released a proposals paper for the mandatory central clearing of interest rate derivatives denominated in USD, EUR, JPY and GBP (G4 currencies). This is the next step in mandating the clearing of interest rate derivatives denominated in the G4 currencies. The proposals paper is based on recommendations provided by the Australian Prudential Regulatory Authority, Australian Securities and Investments Commission and the Reserve Bank of Australia. It discusses the scope and coverage of interest rate derivative products and the case for mandating central clearing of Australian interest rate derivatives.
Comments are due by 10 April 2014.
Related link:
http://www.treasury.gov.au/ConsultationsandReviews/Consultations/2014/G20-over-the-counter-derivatives-commitments
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ritesh Jain Founder at Infynit / Former COO HSBC
08 January
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
07 January
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
06 January
Elena Vysotskaia Founder & CEO at Astra Global
03 January
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.