The Evolving Use of Swaps by Pension Schemes (Risk.net January 2023)

As the end of the EMIR mandatory swap clearing exemption for pension scheme arrangements (PSAs) approaches in June 2023, LCH’s Susi de Verdelon, Global Head of SwapClear, discusses the significance of the upcoming change for these active users of the swaps market, and the implications for their clearing brokers and CCPs.