April 08, 2016 BY Maria Nikolova
Japan's FSA issues license for clearing interest rate derivatives to LCH.Clearnet
International clearing house LCH.Clearnet Ltd announced today that it has obtained approval for a clearing licence from the Japanese Financial Services Agency (FSA). The licence allows LCH.Clearnet to clear non-Yen OTC interest rate derivatives, on behalf of local banks based in Japan through its SwapClear service. Before LCH.Clearnet gained this licence, Japanese banks were able…
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