BIS sizes up derivatives reforms and Basel III progress


Regulatory reform in the over-the-counter derivatives market is likely to generate a "small positive net macroeconomic impact", according to a report released by the Bank for International Settlements (BIS) yesterday.

The report was produced by the Macroeconomic Assessment Group on Derivatives, set up by the Basel-based OTC Derivatives Coordination Group and chaired by Stephen Cecchetti, the outgoing head of the BIS' monetary and economic department.

The report addresses the mandatory clearing o

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: