"Safer markets are a wholly understandable post crisis objective, but it is as well to remember that the vast majority of derivatives markets, whether exchange-traded or OTC, did not contribute to the causes of the crisis and actually performed very well throughout its cycle."
Anthony Belchambers, Chief Executive, Futures and Options Association.

OTC Derivatives Regulation
18th March 2010

Reform of OTC derivatives is gathering pace as regulators seek to find ways to prevent a repeat of the near collapse of the financial system after the demise of Bear Stearns, the default of Lehman Brothers and the bailout of AIG. Central to this effort in both Washington and Brussels is the shift - in the words of the EU's October Communication - from a "predominantly OTC bilateral to more centralized clearing and settlement".

The Futures and Options Association is delighted to support this important conference, which will examine the likely shape of future OTC Derivatives Regulation. Anthony Belchambers, Chief Executive, Futures and Options Association will chair the conference.

The conference will cover:

• Current Regulatory Initiative
• Recent Market Developments
• Clear and Execution of the OTC Transactions
• The Future of non-CCP Cleared Products
• Increased Trade Transparency

KEYNOTE ADDRESSES FROM
David Bailey, Capital Markets Sector Manager, Financial Services Authority
Theo Lubke, Senior Vice-President, Banking Supervision Group, Federal Reserve
Bank of New York
Peer Ritter, Financial Markets Infrastructure, Internal Markets Directorate,
European Commission

The Futures and Options Association is able to offer members a 20% discount on the published delegate fee. Please make your booking, online or by downloading the brochure from this web site.