|
|
Title: |
Reform of Over-the-Counter Derivatives Markets |
| Sub-title: |
International Efforts |
Search Result:
| Edited by: |
Nikolas Gavino |
| ISBN10-13: |
1633214265 : 9781633214262 |
| Format: |
Hardback |
| Size: |
230x155mm |
| Pages: |
124 |
| Weight: |
.374 Kg. |
| Published: |
Nova Science Publishers, Inc (US) - September 2014 |
| List Price: |
163.99 Pounds Sterling |
| Availability: |
In Stock
Qty Available: 1 |
| Subjects: |
Economics : Business & management |
| Derivatives, or financial instruments whose value is based on an underlying asset, played a key role in the financial crisis of 2008-2009. Congress directly addressed the governance of the derivatives markets through the Dodd-Frank Wall Street Reform and Consumer Protection Act. This Act, in Title VII, sought to bring the largely unregulated over-the-counter (OTC) derivatives markets under greater regulatory control and scrutiny. Pillars of this approach included mandating that certain OTC derivatives be subject to central clearing, such as through a clearinghouse, which involves posting margin to cover potential losses; greater transparency through trading on exchanges or exchange-like facilities; and reporting trades to a repository, among other reforms. This book examines the G-20 recommendations for reforming OTC derivatives markets and presents the result of self-assessment surveys measuring the performance of G-20 members and some FSB members to date in meeting their commitments. It also discusses the key issues in derivatives reform; describes some of the requirements placed on the derivatives market by the Dodd-Frank Act; analyses why countries coordinate economic policies and the historical origins of the G-20; how the G-20 operates; major highlights from previous G-20 summits, plus an overview of the agenda for the next G-20 summit; and debates about the effectiveness of the G-20 as a forum for economic cooperation and co-ordination. |
| Table of Contents: |
| For Complete Table of Contents, please visit our website at: https://www.novapublishers.com/catalog/product_info.php?products_id=50523
|
|
|