Tag: Derivatives

Financial Services and Products Breakfast Briefing: February 23, 2017

On February 23, 2017 our next financial services and products breakfast briefing will take place in Frankfurt. Rüdiger Litten will hold a presentation on the topic “Derivatives Regulation – Updater”. The presentation will highlight recent developments such as EMIR – risk mitigation methods Interplay of CRR-EK-requirements and Central Clearing Implementation of central derivative aspects of MiFID … Continue Reading

CFTC issues first-of-its-kind exemption from DCO registration to foreign clearing organization

On August 18, 2015 the Commodity Futures Trading Commission (“CFTC’”) issued an order of exemption from registration as a derivatives clearing organization (“DCO”) to ASX Clear (Futures) Pty Limited (“ASX Clear”) of Sydney, Australia. This is the first exemption of this nature. It is based on the CFTC’s authority under section 5b(h) of the Commodity … Continue Reading

The demise of CFTC Form TO for commodity trade options

On May 7, 2015, the CFTC published in the Federal Register a proposal to eliminate the odd-yet-burdensome Form TO, which for the past two years has been required of derivatives end-users to report certain information to the CFTC regarding their trading in commodity trade options. If the proposal is adopted as final after the close … Continue Reading

Derivatives trading in Tanzania

Norton Rose Fulbright’s Dar-es-Salaam office assisted the International Swaps and Derivatives Association Inc. (ISDA) with a country update on the laws which relate to the trading of over-the-counter derivatives in Tanzania. A full copy of the Tanzania update prepared by Norton Rose Fulbright can be found via the ISDA website (click here). The update primarily … Continue Reading

Derivatives in South Africa: mandatory central clearing

Increased regulation on the horizon Earmarked as a contributor to the 2008 financial crisis, over-the-counter (OTC) derivatives were one of the financial instruments identified by the G20 summit as needing increased regulation. Different jurisdictions have approached the regulation of OTC derivatives in their own manner. In South Africa, regulation has been addressed in the Financial … Continue Reading