Global swaps deal reached

U.S. and Europe have reached a global swaps deal.

July 11, 2013 | Last updated on July 11, 2013
1 min read

Regulators in the U.S. and Europe have reached a deal over rules for the global swaps market, reports Bloomberg.

It adds the new pact will let banks comply with only one set of standards for some aspects of swaps trading, which will help save on compliance costs and time. Read more.

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