Hong Kong goes slow on swaps trading mandate
Isda AGM: Regulator fears disruption to its position as global hub if it forces trades on venue
Read all our coverage from the Isda AGM here.
Fears over disrupting global trade lie at the heart of Hong Kong’s cautious approach towards introducing a swaps trading mandate, according to a senior official from the Securities and Futures Commission.
“We want to wait a bit to see how things are evolving around us. In particular we want to look at the impact on the market participants in Hong Kong,” said Keith Lui, head of the SFC’s supervision of markets division.
“We need to maintain a close
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