On 7 August 2018, the FSB, the Basel Committee on Banking Supervision, the Committee on Payments and Market Infrastructures, and the International Organization of Securities Commissions published Incentives to centrally clear over-the-counter (OTC) derivatives. Interested parties were invited to provide written comments by 7 September 2018. These comments are available below.

The FSB thanks those who took the time and effort to express their views. The FSB expects to publish the final evaluation report in November 2018, along with a summary on how the FSB has responded to consultation responses.

American Council of Life Insurers

Arca Fondi SGR

Association Française de la Gestion financière


BoNY Mellon

Cboe Global Markets

Chatham Financial Corp


Deutsches Aktieninstitut

Eurex Clearing AG

European Association of CCP Clearing Houses

European Fund and Asset Management Association

FIA, Institute of International Finance (IIF) and Global Financial Markets Association (GFMA)

Forsikring and Pension (Insurance and Pension) Denmark

GFMA Global Foreign Exchange Division (GFXD)

Global Association of Central Counterparties (CCP12)

ICI Global


ISDA and Pensions Europe

Legal and General Investment Management

London Stock Exchange Group

M&G Prudential

Managed Funds Association

MEW Consul

Nex Group


Securities Industry and Financial Markets Association’s Asset Management Group (SIFMA AMG)

The Association of Corporate Treasurers

World Council of Credit Unions

World Federation of Exchanges