December 14, 2015 BY Maria Nikolova

ASIC publishes clearing rules for OTC derivatives

The Australian Securities & Investments Commission (ASIC) today published the rules implementing Australia's mandatory central clearing regime for over-the-counter (OTC) derivatives of financial institutions – the ASIC Derivative Transaction Rules (Clearing) 2015 and explanatory statement. The rules are released after a consultation on the matter was opened in May this year. The key aim of…

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