Regulatory Alerts2016-09-01
Added · Updated
Securities and Futures (OTC Derivative Transactions – Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules
The Hong Kong Monetary Authority and the Securities and Futures Commission issued these rules to implement a mandatory clearing regime for over-the-counter derivative transactions. The regulations impose clearing and record-keeping obligations on authorized institutions and designate central counterparties to mitigate systemic risk. This framework ensures that specified OTC derivatives are cleared through approved financial services providers to enhance market stability.
CIR
Current
Issue Date:
01 Sep 2016
20160901-1-EN.pdf (222.9 KB)
Topic:
OTC Derivatives - Clearing
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
01 Sep 2016
Enclosure - Frequently Asked Questions on the Implementation and Operation of the Mandatory Clearing Regime
Annex
Current
01 Sep 2016
Enclosure - Frequently Asked Questions on the Implementation and Operation of the Mandatory Clearing Regime
Cross referenced Document
Version History
Superseded Document
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