Asian SEF rules four-to-five years away

By Daniel O'Leary
02 Apr 2014

Regulation in Asia that mimics US swap execution facilities could be between four-to-five years away in some jurisdictions, including those already established in setting up over-the-counter derivatives clearing houses.

Lawrence Low, managing director, global regulatory strategy and policy at JPMorgan, said it will be difficult for Asia to adopt SEFs quicker, as it is essentially a US policy based on existing US ideas, which are new to the region.  “You’re taking something that is a foreign concept ...

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