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CFTC swaps rules threaten liquidity in Asia, IOSCO says

Global body for securities regulators say local market participants may stop dealing with entities considered 'US persons' in swaps market as complex rules kick in. One treasurer says the shift has already begun.
CFTC swaps rules threaten liquidity in Asia, IOSCO says

Liquidity in the cross-border dollar swaps market may dry up as new rules from the US regulator puts foreign corporates off dealing with foreign consolidated subsidiaries of US corporations.

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