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MAS commences consultation on OTC derivatives trading

The Monetary Authority of Singapore (MAS) has opened consultation on the mandatory trading of over-the-counter (OTC) derivatives on organised markets as a final measure to ensure compliance with G20 financial regulatory reforms. Aiming to improve market transparency and align with global regulatory standards, MAS proposed new rules for the “most globally-traded OTC derivatives”. According to the regulatory body’s media release…

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