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Europe Daily Bulletin No. 10815

27 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) antitrust
Detailed investigation into credit default swaps

Brussels, 26/03/2013 (Agence Europe) - On 26 March 2013, the European Commission decided to extend the scope of an investigation into credit default swaps (CDS) to include the International Swaps and Derivatives Association (ISDA), a professional organisation of financial institutions involved in the over-the-counter (OTC) trading of derivatives. The Commission's inquiry found preliminary indications that the ISDA may have been involved in a coordinated effort of investment banks to delay or...

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
SOCIAL AFFAIRS - EDUCATION - CULTURE