Newsletters
May 2018
The purpose of this Newsflash is to inform Swiss market participants that FINMA has introduced a clearing obligation for standardized interest rate and credit derivatives traded over the counter. The exact categories of OTC derivatives subject to the clearing obligation are listed in Annex 1 of the FMIO-FINMA. This Annex enters into force on September 1, 2018, which will trigger phase-in periods for the clearing obligation.