Regulators propose initial margin re-use ban

By Hazel Sheffield
15 Apr 2014

European regulators have proposed a full ban on the re-use of initial margin in the EU.

The proposal, which has been drawn up by a group of European Supervisory Authorities as part of a consultation on risk mitigation techniques for OTC derivative contracts cleared by a CCP, stated that re-hypothecation or re-use of initial margin could lead to multiple legal and technical difficulties. Issues ...

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