Today I want to cover some of the more important issues relating to derivatives activity now occupying regulators.
But I will start with the work the International Organization of Securities Commissions (IOSCO) and the Financial Stability Board (FSB) are pursuing on potential resilience shortfalls in non-bank financial intermediation (NBFI).
I will then turn to current projects of more direct relevance to ISDA––margining, central counterparties (CCPs), some reactions to the Archegos incident and finally benchmarks.
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