MAS warns on fragmented clearing and reporting

Cracking ice

The installation of multiple central counterparties (CCPs) and trade repositories in Asia threatens to undermine the original aim of post-crisis over-the-counter derivatives reforms to deliver enhanced transparency and more effective risk management, the Monetary Authority of Singapore (MAS) has warned.

"We are seeing a proliferation of CCPs and trade repositories set up in Asia; while this will provide choice to Asian market participants, it may also increase risks and lead to higher costs

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: