The paper addresses the question of whether risk-based regulation is an efficient approach to the regime of Central Counterparties (CCPs) in the OTC derivatives market. The discussions below will first attempt to throw some light on the way risk-based regulation operates. They highlight the...

The importance of tackling the role of ISDA in the regulatory process of OTC derivatives contracts lies on the self-regulatory trend marked during the latter 20th century within the derivatives market. Arguably, the influence of ISDA is undoubtedly a key factor in the public deregulation of the...

The purpose of this article is to describe the current status of the legal regime governing the Colombian Derivatives Market. To this end, it explains the current structure of the market, beginning with a brief description of national regulation, national authorities and main market...