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MAS proposes central clearing for OTC derivatives

Plan will initially cover only Singapore dollar and US dollar interest rate swaps
Thursday, July 2, 2015 - 05:50

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Singapore plans to require central clearing for over-the-counter (OTC) derivatives, according to a public consultation by the Monetary Authority of Singapore (MAS).

Singapore

SINGAPORE plans to require central clearing for over-the-counter (OTC) derivatives, according to a public consultation by the Monetary Authority of Singapore (MAS).

The proposal will initially affect only Singapore dollar and US dollar interest rate swaps, although swaps

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