The OTC Derivatives Coordination Group (ODCG), comprised of the Chairs of the Basel Committee on Banking Supervision (BCBS), the Committee on the Global Financial System (CGFS), the Committee on Payment and Settlement Systems (CPSS), the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO), set up the Macroeconomic Assessment Group on Derivatives (MAGD) to assess the macroeconomic effects of OTC derivatives regulatory reforms. The MAGD comprises financial and economic modelling experts from central banks and other authorities, chaired by Stephen Cecchetti, Economic Adviser of the Bank for International Settlements (BIS).
The full report is available here.