Regulation and Reform of Derivatives After the 2008 Financial Crisis (2008-2014)

1. G20 Washington summit launches reform agenda

   Nov 15, 2008Labels: G20 Washington

   • G20 Summit
   • CFTC FedReg

2. G20 London summit establishes the Financial Stability Board

   Apr 2, 2009Labels: Financial Stability

   • G20 London
   • FSB History

3. G20 Pittsburgh commits to clearing and reporting OTC derivatives

   Sep 25, 2009Labels: G20 Pittsburgh

   • RBA Paper
   • ECB Speech

4. Dodd-Frank signed, creating U.S. swaps framework

   Jul 21, 2010Labels: Dodd-Frank Act

   • Cornell LII

5. Basel III endorsed, reinforcing non-cleared derivatives capital incentives

   Nov 12, 2010Labels: Basel III

   • BIS BCBS

6. European Parliament backs EMIR to regulate OTC derivatives

   Jul 5, 2011Labels: EMIR Proposal, European Parliament

   • Europarl Text

7. Global PFMI standards issued for CCPs and trade repositories

   Apr 16, 2012Labels: PFMI

   • BIS PFMI
   • CFTC Release

8. EU adopts EMIR for OTC derivatives and CCP oversight

   Jul 4, 2012Labels: EMIR

   • EUR Lex
   • EU Finance

9. EMIR comes into force across the European Union

   Aug 16, 2012Labels: EMIR

   • ESMA EMIR
   • EUR Lex

10. CFTC finalizes first U.S. clearing mandate for swaps

    Dec 13, 2012Labels: CFTC Clearing

    • CFTC Final

11. G20 end-2012 target passes, reforms continue to phase in

    Dec 31, 2012Labels: G20 Commitment

    • RBA Paper
    • ECB Speech

12. CFTC SEF rule finalizes platform trading requirements

    Jun 4, 2013Labels: CFTC SEF

    • CFTC SEF

13. EU adopts MiFID II and MiFIR, strengthening derivatives trading rules

    May 15, 2014Labels: MiFID II, MiFIR

    • MiFID II
    • SEC Archive