The CFTC has the right to terminate the exemptive relief granted to foreign brokers, but current regulations do not provide a specific course of action if exemptive relief no longer warranted.
June 27, 2019Chairman Giancarlo seeks regulatory guidance clarifying that entities with calculated initial margin amounts less than $50mn need not make preparations to exchange initial margin.
May 6, 2019Despite some differences between its own rules and Australia’s regime for uncleared swaps margining, the CFTC has determined that the end result is the same.
March 28, 2019The amended determination for Japan finds comparability regarding the scope of entities subject to the margin requirements, and the treatment of margining for inter-affiliate transactions.
March 27, 2019The agreement enables US and Singapore OTC derivatives participants to trade with one another on the same platforms, allowing for more efficient risk management.
March 14, 2019Regardless of the BMR compliance extension, it is important that LIBOR transition programmes continue to progress quickly, says Matthieu Sachot at Chappuis Halder & Co.
March 7, 2019