All posts tagged "Initial Margin"
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474InternationalBCBS, IOSCO Agree One-year Phased Extension of Initial Margin Rules
Initial margin requirements for firms with uncleared derivatives exceeding $8bn have been extended to September 2021; firms exceeding a $50bn threshold will have to comply in September 2020.
July 23, 2019 -
680Capital RegulationHKMA Asks Banks to Prepare Systems for Revised Leverage Ratio
Both the revised leverage ratio treatment of client cleared derivatives and the revised disclosure requirements will come into effect in Hong Kong on 1 January 2022, in line with the BCBS timetable.
July 15, 2019 -
854FeatureISDA Calls for Consistency in Implementation of Margin Rules
In order to maximise efficiency, minimise risk and reduce market fragmentation, national regulators must strive for harmonised margin requirements across the globe, ISDA says.
June 18, 2019 -
505Big PictureIndustry Body Publishes Best Practices Paper for CCPs
Global association CCP12 says in a new paper that a ‘one-size-fits all’ approach to CCPs is inappropriate, and it is critical to recognise jurisdictional differences.
June 3, 2019 -
559Capital Regulation
ISDA Outlines Key Steps to Initial Margin Compliance
Based on recent BCBS/IOSCO guidance, ISDA estimates that regulatory IM preparation can be deferred for upwards of 70-80% of Phase 5 counterparty relationships.
May 13, 2019 -
500InternationalCFTC Chairman Seeks Formal Guidance on Phase 5 Initial Margin
Chairman 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, 2019 -
485Big PictureSupervisors Should Avoid Fragmenting Clearing Ecosystem – Report
A report from the World Federation of Exchanges and Oliver Wyman urges supervisors to ensure outstanding CCP reforms are implemented in line with agreed principles to avoid fragmentation.
April 8, 2019 -
599Australia & NZ
CFTC Approves Margin Comparability Determination for Australia
Despite 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, 2019 -
459International
ISDA Publishes Full Version of Derivatives Lifecycle Blueprint
The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.
March 22, 2019 -
948FeatureBCBS, IOSCO Guidance Offers Some Relief on Margin Requirements
Institutions should start work immediately to ensure readiness for the Phase 5 implementation of margin reform in September 2020, says KPMG's Tom Jenkins.
March 7, 2019
