The Dodd-Frank Act and European Market Infrastructure Regulation are now moving to their implementation stage. Clearing houses and banks are firming up their offerings. The buy-side community will be required to clear various OTC instruments during 2013. This seminar discussed recent developments and how the buy-side community can prepare for a year of change.

Topics included:

• Current state of play and looking ahead in 2013
• Changes to documentation for clearing
• Extraterritoriality of EU and US measures
• Structuring and authorisation issues under AIFMD and MiFID II

Speakers included:

Guest Panelist:

• Jiří Krόl, AIMA (Director of Government and Regulatory Affairs)

Co-Chairs:

• Donna Parisi (Partner, Head of Global Derivatives Practice, New York)
• Barney Reynolds (Partner, Head of Financial Institutions Advisory & Financial Regulatory Practice, London)

Shearman & Sterling Panelists:

• John Adams (Counsel, Head of London Investment Funds Practice)
• Thomas Donegan (Partner, Financial Institutions Advisory & Financial Regulatory, London)
• James Duncan (Partner, Derivatives, London)
• Geoffrey Goldman (Partner, Derivatives, New York)
• Ian Harvey-Samuel (Partner, Derivatives, London
• Donald Lamson (Partner, Head of Financial Institutions Advisory & Financial Regulatory Practice, Washington DC, helped draft Title VII of the Dodd-Frank Act)

Listen to the audio of the New York session, “Derivatives Clearing: What Does It Mean for Buy-Side Participants?”

View the slides for “Derivatives Clearing: What Does It Mean for Buy-Side Participants?”