Derivatives, central clearing are target of Australia study by Felix Shipkevich at CFTC Law The Reserve Bank of Australia, in connection with Australias Council of Financial Regulators, has released a discussion paper on Central Clearing of OTC Derivatives in Australia. As the title suggests, the paper analyzes the over-the-counter derivatives market in Australia, and considers the positive and negative consequences of derivatives reform, and especially of central clearing. This paper is partially a response to the implementation of derivatives and clearing reform movement well underway in the United States and Europe, and partially as part of Australias G-20 member responsibilities.

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