OTC clearing: a post-crisis panacea?

Sep 16, 2013

Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.

Soon after Lehman Brothers collapsed in September 2008, several Asia-Pacific jurisdictions pledged at the G20 2009 Pittsburgh Summit to bring over-the-counter derivative transactions onto a central clearing and reporting platform by the end of 2012.

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