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Europe Daily Bulletin No. 10912

3 September 2013
ECONOMY - FINANCE - BUSINESS / (ae) finance
Ten jurisdictions set out common principles on OTC derivatives

Brussels, 02/09/2013 (Agence Europe) - On Friday 30 August, ahead of the G20 summit, ten jurisdictions (Australia, Brazil, the United States, Japan, Hong Kong, Ontario, Quebec, Singapore, Switzerland and the European Union) set out common principles to avoid over-the-counter derivative reforms having a negative impact in other countries.

The jurisdictions stress that much progress has been made since the G20 summit in Pittsburgh in 2009, with legislative reform breathing greater...

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