WASHINGTON -- Increased disclosure of international derivatives activities will streamline markets and improve the public image of the controversial financial instruments, a group of international financial institutions said Thursday.

The Institute of International Finance also backed the views of U.S. regulators, who have argued that they already have sufficient power to regulate derivatives. The U.S. agencies have argued that new legislation is not needed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.