Derivs - Regulation

The Bank of Thailand has lifted its offshore investment quota for both institutional and non-institutional investors, making it easier to invest in exchange and over-the-counter derivatives and other instruments.

The Bank of Thailand has lifted its offshore investment quota for both institutional and non-institutional investors, making it easier to invest in exchange and over-the-counter derivatives and other instruments.

The European Securities and Markets Authority is looking for clarification from market participants on which fx derivatives should be subject to mandatory clearing, specifically those that would benefit from the mitigation of counterparty credit risk through a clearinghouse.

Documentation will likely be in place for firms trading contracts using the International Swaps and Derivatives Association’s amended credit derivative definitions from March 20, 2014.

The U.S. Commodity Futures Trading Commission issued late Monday night an update to its latest cross border swap exemptive order, giving a reprieve to foreign branches of U.S. swap dealers located in jurisdictions, such as Singapore, that were not covered in the original order issued late last Friday.

MarketAxess has applied to the U.S. Commodity Futures Trading Commission to become a swap execution facility under Dodd-Frank.

Australian entities registered with the U.S. Commodity Futures Trading Commission as swap dealers will need to report over-the-counter derivative trade information for certain asset classes to licensed Australian repositories from Oct. 1 this year.

The U.S. Commodity Futures Trading Commission has included collective investment vehicles, including hedge funds and commodity pools, in its definition of what it considers a U.S. person in its interpretative guidance regarding the cross-border application of the swaps provisions of Title VII of Dodd-Frank.

LCH.Clearnet has added a third over-the-counter derivative asset class to its clearing offering today, after it received permission to clear credit default swaps on indexes for U.S. clearing members though CDSClear, an in-house division.

The U.S. and E.U. regulator deal announced today stating their mutual understanding on cross-border derivatives rules should help protect firms from overlapping regulatory requirements and increased costs.

A defeasance fund may be necessary to address a string of cases in France relating to structured products between investment banks and local authorities.

Hong Kong’s Legislative Council is set to debate key legislation on Wednesday that will govern the city’s mandatory over-the-counter derivative G20 commitments.