European authority has added two iTraxx Index CDS to the obligation
Securities and Markets Authority (Esma) on Friday finalised
draft rules to enforce mandatory clearing of credit default
swaps (CDS), marking the latest step as Europe edges towards
mandatory clearing of its over-the-counter derivatives
The draft rules, or
regulatory technical standards (RTS), define the types of CDS
contracts, which will have to be centrally cleared, the types
of counterparties covered by the obligation and the dates by
which central clearing of CDS will become
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.