China hints at broader scope with netting law name change

Central bank reportedly behind name change as derivatives rise up political agenda

Industry participants have welcomed a move by the Chinese authorities to include derivatives in the name of China’s draft futures law, which lawyers say was done at the insistence of the People’s Bank of China, signalling a willingness to attach greater importance to the country’s emerging derivatives market.

“The People’s Bank of China had insisted that it should be called the futures and derivatives law. The fact that the title has been amended shows that the regulators in China, both the