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Corporate & Securities Law

: Jim Hamilton's World of Securities Regulation

By Jim Hamilton

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McCreevy Vets Counterparty Clearing Facility for Credit Default SwapsHeeding the urgent call of European Commissioner for the Internal Market Charlie McCreevy, the derivatives industry has committed to implement the clearing of credit default swaps on a European central counterparty (CCP), pending a more complete review of the whole derivatives area. The commissioner considers that clearing of credit default swaps on a CCP in the EU essential for financial stability and oversight. The Internatio read more

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Full post as published by Jim Hamilton's World of Securities Regulation on February 22, 2009 (boomark / email).

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