CCP regulation needs to be regional, not national: SGX
SGX head of clearing risk urges greater cooperation among region's regulators
The dangers posed by fragmented netting sets and high end-user costs, caused by the proliferation of central counterparties (CCPs) in Asia, means regulators operate with regional mind-set rather than focusing on their domestic agenda, according to Agnes Siew-Koh, senior vice-president, head of clearing risk at the Singapore Exchange.
There are seven local CCPs in Asia that are either operational or set to come online soon - Australia, China, Hong Kong, India, Japan, Singapore and South Korea, as
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