Since the G20 recommendations, it has been difficult to keep track of the many moving pieces of regulation. The derivatives market, for example, has been touched by the European Market Infrastructure Regulation (EMIR), MiFID II and Dodd Frank. Although the ramifications are still reverberating, they have delivered on the promise of central clearing and electronic trading – although there is a long list of issues to still be addressed. The jury is still out over regulatory reporting.
Davies expert Christian Lee speaks to Lynn Strongin Dodds at DerivSource about the post-crisis landscape, ten years after the crash.