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OTC Derivatives: Big Challenges from Central Clearing

By Brian Bollen
Published September 19 2011 FT

Is this the most challenging time ever for custodians and their clients? For some big players, making particular reference to the proposed new central clearing requirements for over-the-counter derivatives as a means of increasing transparency and reducing risk, the answer is a clear yes. Central clearing will have a series of implications, and challenges, for clients and custodians.

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