Video – Asia's illiquid markets complicate CCP default process: Isda

Directional portfolios and limited diversification will hamper recovery process

keith-noyes
Keith Noyes, Isda

CCP recovery and resolution regimes have been the subject of intense debate in 2015, and according to Keith Noyes, Asia-Pacific regional director for the International Swaps and Derivatives Association, clearing houses in the region face additional pressures due to their fragmented capital markets.

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