It was one of the key pillars of post-crisis financial reform. In passing the US Dodd-Frank Act, lawmakers mandated that all over-the-counter derivatives trades be reported to swap data repositories (SDRs), providing regulators with insight into previously opaque markets. That would help prevent the build-up of systemic risk that had such dire consequences in 2008.
Or at least, that was the theory. The reality, some three years after reporting began, is that the US Commodity Futures Trading Comm
The week on Risk.net, October 6-12, 2017Receive this by email
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Leaked EU doc could shield legacy swaps from clearing grab
- Quantile, TriOptima face off in cleared swaps compression battle
- ABS set for revival under US Treasury’s liquidity buffer plans
- Quants stymied by lack of alternative risk premia flows data