Risk.net poll: G-20 will not meet deadline for OTC derivatives reforms
The vast majority of respondents to a Risk.net poll do not believe G-20 members will meet the end-2012 deadline for all standardised OTC derivatives to be cleared through CCPs
Seventy-two per cent of respondents to a Risk.net poll do not think the Group of 20 (G-20) will meet its commitment for all standardised over-the-counter derivatives to be traded on exchanges or electronic trading platforms, and cleared through central counterparties (CCPs).
The commitment was made at a G-20 meeting in Pittsburgh in September 2009. Since then, various attempts have been made by individual legislators to meet the obligations, with the US in particular making progress with the
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