IOSCO Seeks Greater Post-Trade Transparency for Credit Default Swaps

The International Organization of Securities Commissions (IOSCO) today published its final report on mandatory post-trade transparency for the credit default swaps (CDS) market.

Post-trade transparency refers to a regulatory system that mandates public disclosure of price and volume information of each relevant transaction.

The report studied relevant works of international bodies and academic literature and an examination of publicly available transaction-level post-trade data about CDS transactions. IOSCO also surveyed market participants and observers on their use of publicly available post-trade data and its perceived impact on the market and considered comments received on a consultation version of the report.

The report concludes that greater post-trade transparency in the CDS market would be valuable to market participants and other market observers. IOSCO encourages each member jurisdiction to take steps toward enhancing post-trade transparency in their CDS market.

IOSCO believes that improving transparency in the CDS market will increase the efficacy of the G20 commitments to reform the over-the-counter (OTC) derivatives markets.

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About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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