ISDA’s Pickel addresses friction between rules and commitments

ISDA executive vice-chairman Robert Pickel said regulators were "sensitive" to the issues created by the scrapping of the TriOptima repository. A clause in the new Fed letter should help to reduce the chance of another rates repository rethink situation, said Pickel. Pickel was speaking in a video interview with Risk magazine’s Duncan Wood at Isda’s annual general meeting in Prague on April 14. SUBSCRIPTION REQUIRED.

Watch: ISDA’s Pickel addresses friction between rules and commitments

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