Lack of guidelines for data sharing poses problems for Asian trade repositories

The creation of seven CCPs around Asia is set to give the region’s regulators a wealth of data but the cross-border nature of derivatives trading means regulators will need to swap data with each other. Significant barriers to this happening remain, though

One of the key foundations underpinning global over-the-counter derivative regulatory reforms is the ability to report OTC derivatives transaction data to trade repositories (TRs) which will in turn share that data with regulators and governments.

However, significant impediments to the sharing of data on OTC derivatives exposures remain, including cross-border privacy concerns over sharing of information between TRs and foreign regulators and concerns over data privacy restrictions when