NEW YORK, September 25, 2014 — International law firm Milbank, Tweed, Hadley & McCloy, in conjunction with the Futures Industry Association (FIA) and Linklaters, announced a new guide to the rules of central clearing counterparties (CCPs). The FIA Global CCP Rulebook Review is a subscription service that will provide a standardized, comprehensive overview and analysis of the rules and procedures governing certain CCPs, as well as timely updates on changes to the rules and regulatory framework. It will highlight the issues most relevant to clearing members and end-users as they evaluate evolving regulatory obligations relating to CCPs on a real-time basis.
John Williams, partner at Milbank, Tweed, Hadley & McCloy said, “Having a consistent global framework of rulebook reviews should allow risk managers at clearing members and end users to focus more keenly on the key issues they must address without being impeded by opaque or inconsistent CCP rules and procedures.”
The FIA Global CCP Rulebook Review will launch in December 2014 - click here for more information on the FIA Global CCP Rulebook Review and click here to view FIA’s press release.
