ISDA Chief Executive Officer Scott O'Malia offers informal comments on important OTC derivatives issues in derivatiViews, reflecting ISDA's long-held commitment to making the market safer and more efficient. The European Commission (EC) is determined to increase the allure of clearing in the EU as it looks to reduce what it sees as an over-reliance on systemically important third-country central counterparties (CCPs). Making EU clearing more attractive is a principle we support, but it will require a multi-faceted strategy to achieve this – one we’ve set out in a new whitepaper published earlier this week. […]