Author : Christopher Chen
Publisher : BRILL
Page : 58 pages
File Size : 28,84 MB
Release : 2017-02-06
Category : Law
ISBN : 9004343415
In this work, Christopher Chen examines and compares the regulation of over-the-counter derivatives in Hong Kong and Singapore regarding the reporting, clearing and trading mandates for regulating OTC derivatives in relation to developments in the US and Europe.
Author :
Publisher :
Page : 49 pages
File Size : 36,26 MB
Release : 2012
Category : Clearing of securities
ISBN :
"Following the global financial crisis, the G20 committed to improve the regulation and supervision of over-the-counter (OTC) derivatives markets as part of efforts to strengthen the international financial regulatory system. MAS announced in July 2011 that it will meet the objectives set by G20 as well as recommendations by the Financial Stability Board (FSB) on the implementation of these objectives. MAS proposes to expand the scope f the Securities and Futures Act, Chapter 289 (SFA) to regulate OTC derivatives: (a) mandate the central clearing and reporting of OTC derivatives; (b) extend the current regulatory regimes for market operators, clearing facilities and capital markets intermediaries to OTC derivatives; and (c) introduce a new regulatory regime for trade repositories."--Preface.
Author : 胡錦華
Publisher :
Page : 350 pages
File Size : 41,66 MB
Release : 2019
Category : Derivative securities
ISBN :
Author : Group of Ten. Committee on Payment and Settlement Systems
Publisher :
Page : 80 pages
File Size : 30,32 MB
Release : 2004
Category : Clearing of securities
ISBN :
Author : Lightbulb Press
Publisher :
Page : pages
File Size : 21,93 MB
Release : 2021-10-20
Category :
ISBN : 9781933569215
An in-depth look at DTCC, including its role in the capital markets, its structure, and it's offerings and services.
Author : T. V. Somanathan
Publisher : Cambridge University Press
Page : 278 pages
File Size : 13,5 MB
Release : 2015-03-02
Category : Business & Economics
ISBN : 1316338851
While most books on derivatives discuss how they work, this book looks at the contributions of derivatives to overall economic well-being. It examines both the beneficial and adverse effects of derivatives trading from the perspectives of economic theory, empirical evidence and recent economic history. Aiming to present the concepts in a fair, non-ideological, non-mathematical and simple manner, and with the authors' own synthesis, it draws on economic insights from relevant work in other disciplines, particularly sociology and law. The book also presents some new theoretical ideas and recommendations towards a pragmatic and practical approach for policy-makers. The ultimate objective is to provide a basic conceptual framework which will help its readers form a judgement on whether, when and how derivatives are beneficial or harmful to the economy.
Author : Mrs.Vanessa Le Lesle
Publisher : International Monetary Fund
Page : 46 pages
File Size : 35,79 MB
Release : 2014-07-08
Category : Business & Economics
ISBN : 149835713X
There is much speculation regarding a “race for dominance” among financial centers in Asia, arising from the anticipated financial opening up of China. This frame of reference is, to an extent, a predilection that results from a traditional understanding of financial centers as possessing historical, geographic, and scale economy advantages. This paper, however, suggests that there is an alternative prism through which the evolution of financial centers in Asia needs to be viewed. It underscores the importance of “complementarity” rather than “dominance” to better serve regional and global financial stability. We posit that such complementarity is vital, through network analysis of the roles of Hong Kong SAR and Singapore as the current leading financial centers in the region. This analysis suggests that a competition for dominance can result in de-stabilizing levels of interconnectivity that render the global “network” as a whole more susceptible to rapid propagation of shocks. We then examine the regulatory and policy challenges that may be encountered in furthering such complementary coexistence.
Author :
Publisher : Aspen Law & Business Publishers
Page : 254 pages
File Size : 33,12 MB
Release : 2002
Category : Business & Economics
ISBN :
Author : Eilís Ferran
Publisher : Cambridge University Press
Page : 433 pages
File Size : 48,15 MB
Release : 2012-11-15
Category : Law
ISBN : 1139851780
The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new oversight bodies. With the US Dodd–Frank Act and numerous EU regulations and directives now in place, this book provides a timely and thoughtful explanation of the key elements of the new regimes in both regions, of the political processes which shaped their content and of their practical impact. Insights from areas such as economics, political science and financial history elucidate the significance of the reforms. Australia's resilience during the financial crisis, which contrasted sharply with the severe problems that were experienced in the EU and the US, is also examined. The comparison between the performances of these major economies in a period of such extreme stress tells us much about the complex regulatory and economic ecosystems of which financial markets are a part.
Author : Masahiro Kawai
Publisher : Rowman & Littlefield
Page : 338 pages
File Size : 27,90 MB
Release : 2011-10-10
Category : Business & Economics
ISBN : 0815722117
A Brookings Institution Press and Asian Development Bank Institute Although emerging economies as a group performed well during the global recession, weathering the recession better than advanced economies, there were sharp differences among them and across regions. The emerging economies of Asia had the most favorable outcomes, surviving the ravages of the global financial crisis with relatively modest declines in growth rates in most cases. China and India maintained strong growth during the crisis and played an important role in facilitating global economic recovery. In this informative volume, the second in a series on emerging markets, editors Masahiro Kawai and Eswar Prasad and the contributors analyze the major domestic macroeconomic and financial policy issues that could limit the growth potential of Asian emerging markets, such as rising inflation and surging capital inflows, with the accompanying risks of asset and credit market bubbles and of rapid currency appreciation. The book examines strategies to promote financial stability, including reforms for financial market development and macroprudential supervision and regulation.
