Giancarlo bows out with regulatory deference

Move comes amid row between US and European policymakers over cross-border CCP regulation

christopher-giancarlo-33
Christopher Giancarlo has submitted three cross-border swaps rules to the European Commission

The chairman of the Commodity Futures Trading Commission (CFTC) has made a last-ditch effort to stamp his mark on cross-border clearing house supervision with new rules calling for greater regulatory deference for non-systemic third-country firms.

In what looks set to be the last rulemaking of his tenure, Christopher Giancarlo has submitted three cross-border swaps rules to the Commission, including proposals for two new categories of non-US clearing house – or designated clearing organisations

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: