e-Forex Magazine | Leader | Holding back: is Counterparty Credit Risk still spoiling the forex party?

Leader : Holding back: is Counterparty Credit Risk still spoiling the forex party?

First Published in e-Forex Magazine October 2010

Frances Maguire

Frances Maguire

The FX market has been caught up in the regulatory backlash following the credit crunch. However, as Frances Maguire discovers, the impact is not likely to be as severe as once expected but it will still be resounding and lasting.

Share |

In the aftermath of the financial crisis, which pointed to bi-laterally traded over the counter (OTC) derivatives as a key culprit in exacerbating the severity of the crisis, the G-20 resolved that, by 2012, as many OTC contracts as possible would be centrally cleared, and for those contacts that could not be standardised for central clearing, collateralisation levels would be reassessed by the regulators.

Magazine articles in HTML format on this website are only available to current paid subscribers so unless you are a current subscriber you will not be able to read any more of this article. However, e-Forex has now made all flash and pdf versions of the magazine freely available to registered users so you can still access and view this article in full. Please sign in above and register your contact details and then these versions of the magazine can be found here: http://www.e-forex.net/Digital+Versions.efx

If you have already registered but still cannot access these versions you may need to upgrade your existing account.Please use the link below to upgrade your account which will give you free access to these versions of the magazine.

click here to upgrade your account