Article features comments from Scott O’Malia, ISDA Chief Executive Officer, discussing key OTC derivatives issues in derivatiViews, and examining ISDA’s long-held commitment to making the market safer and more efficient. Article references that ISDA, along with ASIFMA, FIA and the Global Foreign Exchange Division of the GFMA, outlined a number of recommendations for modifications to the European BMR that are intended to reduce the potential for disruption and uncertainty for EU firms, while respecting the overarching aims of the regulation. Article includes comments from David Clark and Alex McDonald reflecting on the trade associations’ proposed changes.
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