Jan 01, 2013
• Bylined Articles
The Future Of Trade Repositories: Opportunities, Challenges And The Pursuit Of Global Market Transparency
Michael Bodson, Chief Executive Officer
A combination of ongoing legal and market issues, including the lack of a harmonised set of global rules and the extraterritorial application of new regulations, has the potential to undermine the G-20 vision of creating a global view of financial risks. As we approach the five-year anniversary of the start of financial crisis, policymakers and industry participants need to increase their collaboration in order to allow trade repositories to reach their full potential – as well as to create new opportunities to leverage them to enhance the transparency of a wider spectrum of financial markets and products in the future, including repos, cash instruments and collateral.
Download the Congressional Testimony: The future of trade repositories: opportunities, challenges and the pursuit of global market transparency