China netting: industry raises concerns on cross-border trades

Filing requirement of new netting law could unfairly penalise trades from foreign banks

China-netting-ambiguity

Foreign dealers have raised concerns that some cross-border derivatives trades could be left out of the scope of China’s new netting law if the wording around documentation filing is not tightened up.

China’s new futures and derivatives law, which is still in draft form, has been broadly welcomed by the industry – but a requirement for “the templates of the relevant master agreement and other model documents” to be filed with regulators before trades are eligible for close-out netting has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: