Derivatives regulation

Derivatives regulation addresses contracts whose value derives from an underlying asset, rate, index or event, including swaps, options, futures and forwards. In Switzerland, rules focus on market infrastructure, transaction reporting, central clearing for certain derivatives, risk mitigation for non-cleared trades and obligations for financial and non-financial counterparties. The framework aims to reduce systemic risk and increase transparency, especially in OTC markets. Swiss participants often compare Swiss rules with EU EMIR or other foreign regimes because cross-border counterparties, trading venues and clearing houses may impose additional requirements.