OTC Derivatives Reform
Financial derivatives traded over the counter (OTC) were at the core of the global financial crisis. In response to the crisis, G20 emerging and developed countries increased their effort to overhaul financial regulation of OTC derivative markets. The workshop on OTC Derivatives Reforms, held on 12/13 September 2013 in Johannesburg, highlighted the challenges of OTC derivative reforms with a specific focus on emerging markets. The goal was to enhance peer learning of international policy-makers and industry representatives and to jointly develop practical solutions applicable to emerging markets.