Reserve Bank of Australia releases discussion paper on central clearing of OTC derivatives
The Reserve Bank of Australia today released, on behalf of the Council of Financial Regulators, a discussion paper on central clearing of OTC derivatives in Australia. The paper is intended to act as a basis for consultation with interested stakeholders as regulators develop recommendations to the government. Comments on the discussion paper are being accepted until August 5. Given some of the similarities between the Canadian and Australian markets, the paper may be of particular interest to Canadians.
