Guide to Sound Practices for OTC Derivatives Clearing

Published: 23 September 2014

This Guide, published in July 2014, provides guidance on the new regulatory framework in the US and European Union, which affects most OTC derivatives transactions cleared globally. The Guide to Sound Practices is supplemented by a Due Diligence Questionnaire for Clearing Members, which is intended to help asset managers during the process of evaluating different clearing members and clearing houses. The drafting of both papers was assisted by Simmons & Simmons, the international law firm, and Seward & Kissel LLP, the U.S. law firm, and supported by a Working Group of AIMA’s manager and sell-side members. The papers are sponsored by CME Group.