
Growing China’s Derivatives Market
The Swap
00:00
What's New in the Notisdrivates?
The new law says that close onetting will be enforcible, notwithstanding insoverency. The agreement has been very well received in china and the regulators know about it. Once the law is passed, there's also implementing regulations under the law. And people have to focus on clateral arrangements with netting being impossible.
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