Asset managers receive respite from authorities in implementing the final phase of the uncleared margin rules as coronavirus continues to impact regulation.
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
The final phase would have enforced thousands of asset managers, hedge funds and insurers from September 2020.
IOSCO’s latest report has said liquidity in corporate bond markets has not declined.
Report exploring innovation in bond markets addresses the recent proliferation of bond trading platforms.
FIA, GFMA, IIF, ISDA and TCH have responded to recent CPMI-IOSCO guidance urging for greater transparency for clearing members.
IOSCO recently found through a study that there is no evidence of deterioration in corporate bond market liquidity.
Report by IOSCO suggests digital disruption is too complex for regulators and puts investor protection at risk.