2016-09-01

Added · Updated

Securities and Futures (OTC Derivative Transactions – Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules

The Hong Kong Monetary Authority issued a circular to announce the commencement of the Securities and Futures (OTC Derivative Transactions – Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules. The regulator provided attached FAQs to clarify the operational aspects of these new clearing requirements for market participants. Authorized Institutions are mandated to notify the HKMA via email within 60 days after the end of the relevant calculation period when they first reach the clearing threshold or after an exit notice.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view full text

More like this from HKMA

HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.

Share