He is a member of the Prudential Regulation Committee.
The long-awaited EU regulation will create winners and losers.
Authorities want to be able to identify individual OTC derivatives from aggregated trade reports.
NEX says investors have yet to see the real opportunities in transparency and efficiency.
UK regulator is open to all forms of deployment provided operational risks are properly mitigated.
EU rulemaking powers will be moved to the FCA and Bank of England.
‘Everything, and nothing’ changed with first iteration of the regulation.
The figures show how many instruments are classified as liquid.
Many contracts mature after the second quarter of 2019, when the UK is scheduled to leave the EU.