CPSS-IOSCO Joint Guidance on CCPs – 29/06/10

29 Jun 2010

IBFed has produced an analysis of CPSS (Committee on Payment and Settlement System) –IOSCO (International Organisation of Securities Commissions)’s recent Guidance for Central Counterparties (CCPs) to over-the-counter (OTC) derivatives.  In doing so, IBFed supported the general direction of the guidance but proposed changes to avoid it resulting in undue and prohibitive cost for transactions.  IBFed will continue the dialogue with regulators. 

The IBFed analysis is available here.