ISDA chief calls for Brexit clearing clarity

The chief executive of derivatives industry body ISDA has called for more clarity from the European Union over plans to help mitigate the disruptive impact of a no-deal Brexit on derivatives markets.

  • By Costas Mourselas
  • 07 Nov 2018
Scott O'Malia, ISDA's chief executive officer, said he welcomed recent remarks from the European Commission that proportionate action would be taken to mitigate serious disruption to derivatives market participants reliant on clearing. However, he noted that the United Kingdom had ...

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