Post-crisis regulations in the western derivatives markets and their implications for Poland Cover Image

Regulacje pokryzysowe na zachodnich rynkach instrumentów pochodnych i ich konsekwencje dla Polski
Post-crisis regulations in the western derivatives markets and their implications for Poland

Author(s): Jurand Skrzypek
Subject(s): Economy
Published by: Łódzkie Towarzystwo Naukowe
Keywords: derivatives; financial crisis; OTC market; regulations

Summary/Abstract: The article deals with over the counter (OTC) derivatives market and necessity for its regulation after the financial crisis 2007–2009. The aim of the article is to determine the impact of present and future regulations on world and domestic OTC derivatives market. First, the issues of derivatives have been brought closer. Next part describes basic elements of derivatives market that cause problems in the western financial markets. In the USA, the main repair tool is the Dodd–Frank Wall Street Reform and Consumer Protection Act. In EU, the remedy for unintelligible market will be Central Counterparty Clearing (CCP). Conducted argument ends with an attempt of identify the impact of implemented regulations on polish and world financial markets.

  • Issue Year: 2013
  • Issue No: 89
  • Page Range: 335-350
  • Page Count: 16
  • Language: Polish