DTCC Deriv/SERV chief executive, Chris Childs, tells The TRADE about the role DTCC’s TIW played at the time of the financial crisis, and the progress made so far in establishing a global reporting framework for OTC derivatives.
FSB report says crypto markets do not currently pose a material risk to global financial stability.
The Financial Stability Board publishes report highlighting potential risks of using artificial intelligence technology.
Report outlining areas of regulatory or supervisory issues in FinTech highlighted three key priorities.
The FSB has stressed potential issues of access and leverage which may occur through re-hypothecation of assets and collateral reuse.
The FSB has pressed global regulators to adopt initial margin rules as soon as possible.
Only the US, Canada and Japan are ready to implement initial margin requirements on 1 September.