OTC derivatives reform – where are we five years on?

Six years on since the global financial crisis, Europe has made great progress in transposing the G20’s regulatory framework to reform the over-the-counter derivatives market into law and incorporating that workflow into the single market project. The G20 Leaders Summit in Brisbane in November is an opportune time to reflect on this transit and what remains to be done as the industry seeks to restore the integrity of the global financial system.