Derivatives industry pushes for IM relief amid uncertainty
Financial market trade associations are pushing regulators to give relief on incoming regulatory requirements on initial margin, pleading that the coronavirus is causing too much disruption to their members’ business lines.
Regulators have been rolling out initial margin requirements to an ever increasing number of firms since the G20 Pittsburgh summit in 2009. The final two phases, five and six, are due in the Septembers of this year and next year, respectively.In 2018, trade associations successfully pushed for ...
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