Thursday, February 16, 2006

FSA UK talks of credit derivatives operational and mis-selling risks


FSA UK talks of credit derivatives operational and mis-selling risks

Market self-regulatory body ISDA will try to bring credit derivatives to almost entirely cash-settled basis instead of physical settlements, which have been responsible for overpricing of defaulted securities.

http://www.credit-deriv.com/crenewsfeb04.htm

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