ISDA Chairman warns on derivatives rules

Stephen O’Connor, ISDA chairman and a managing director at Morgan Stanley, tells the FT’s Michael Mackenzie that Dodd-Frank derivatives rules could impose different regulations across borders, which would impact banks caught in the middle and potentially be bad for liquidity.

Watch: ISDA Chairman warns on derivatives rules

Response on CCP Participation Requirements

On December 24, ISDA responded to a consultation from the European Securities and Markets Authority (ESMA) on central counterparty (CCP) participation requirements. Participation requirements for CCPs are vital for safe and efficient clearing markets, and ISDA broadly supports ESMA’s consultation...