Korea Faces Missing CCP Deadline

16 Nov 2011

Legislation aimed at facilitating the establishment of South Korea’s central clearing counterparty has failed to be passed in the country’s parliament.

Legislation aimed at facilitating the establishment of South Korea’s central clearing counterparty has failed to be passed in the country’s parliament. That means the country could fail to meet the G20 2012 deadline to launch a CCP in the country.

Hyunjoo Oh, partner at law firm Lee & ...

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