Asia’s policy-makers pragmatic on derivatives, despite uncertainty

There is “no question” the events of the past 18 months have changed the operating environment for over-the-counter (OTC) derivatives and there are still lingering concerns that new legislation in the US and Europe may seriously restrict the ability of companies to use customised hedging and investment tools, according to New York-based International Swaps and Derivatives Association chief executive, Robert Pickel, who was speaking at the trade association’s regional conference in Singapore on