NEW YORK (MNI) – The New York Federal Reserve Bank had the
following statement on the Jan. 27 meeting on Over-the-Counter
Derivatives between officials and market participants.
“International supervisory authorities and major market
participants met today at the Federal Reserve Bank of New York to
discuss ongoing efforts and future priorities for improving
infrastructure and reducing risk in the over-the-counter (OTC)
derivatives markets,” it said. “The meetings between the OTC
Derivatives Supervisors Group (ODSG) and major market participants have
served as a venue for open dialogue and collective action to effect
practical improvements in these global markets.”
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