Quotes by Robert Pickel

“A great amount of effort by the banks has produced positive results in clearing the backlog.”

“The settlement issue is important to address because without an effective process there could be an erosion of confidence in the product itself.”

“ISDA is committed to working with public policymakers and market practitioners to further encourage the prudent and efficient development of the privately negotiated derivatives business in China. A fundamental part of that commitment involves educating constituencies on the importance of sound risk management practices. The Glossary will enhance understanding of collateral arrangements and their value as credit risk mitigation tools.”

“We have shared our view on transparency with the European Commission and the U.K. s Financial Services Authority.”