The Basel Committee and the International Organisation of Securities Commissions have delayed requirements for the margining of non-cleared derivatives until September 2016. This is a nine month postponement from the original December effective date. Variation-margin requirements will now also be phased in.

With the new rules requiring firms to make significant changes to their infrastructure, technology, processes and documentation, on Friday 18th ISDA released a statement passing comment on the delay.

Categories: Financial Markets

WP to LinkedIn Auto Publish Powered By : XYZScripts.com