Just three years ago the G20 leaders agreed upon a common course to regulate the financial markets, with focus on standardising OTC derivatives. In that time regulators have created the largest reform packages since the dawn of modern financial history including Dodd-Frank and the European Market Infrastructure Regulation (EMIR).
But are market participants prepared to cope with the consequences of these regulatory behemoths? With regards to OTC derivatives, under the new rules, these are suppose
