The Economic Affairs Committee in the European Parliament is discussing measures aimed at ensuring safer derivatives markets. The Committee wants risks of derivatives expressed more clearly in their price and a greater distinction made between whether companies or financial institutions are using derivatives. The draft resolution under debate addresses credit default swaps specifically, recommending mandatory central clearing and even the ability for regulators to ban individual products. MEPs have until 24 March to present their amendments. After that there will be a hearing on 27 April with a vote in committee on the resolution on 4 May.