Banks exchange $1 trillion in collateral from phase one of uncleared margin rules
Initial margin collected by phase one firms for their non-cleared derivatives totalled $173.2 billion, an increase of 10% compared to year-end 2018.
Tag: ISDA
Industry calls on regulators to postpone initial margin timeline amid coronavirus pandemic
ISDA and 20 other trade associations have written to regulators to delay the execution of initial margin requirements due to the coronavirus pandemic.
Industry continues push for standardised EMIR derivatives reporting
Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.
Final phase of uncleared margin rules delayed by regulators
The final phase would have enforced thousands of asset managers, hedge funds and insurers from September 2020.
Digital Asset partners with ISDA to support adoption of CDM
New tool will assist developers in implementing ISDA common domain model in solutions for trading and managing derivatives.
Regulation
Regulatory bodies issue guidance on initial margin rules as industry continues to call for further amendments
Industry bodies including SIFMA, ISDA, ABA and GFMA criticise final initial margin thresholds, recommending raise to EUR/USD 100 billion.
Derivatives
The Big Interview: Chris Childs, CEO of DTCC Deriv/SERV
DTCC Deriv/SERV chief executive, Chris Childs, tells The TRADE about the role DTCC’s TIW played at the time of the financial crisis, and the progress made so far in establishing a global reporting framework for OTC derivatives.
BNY Mellon’s MiFID II advisor appointed regulatory affairs head at WFE
Richard Metcalfe joins WFE as head of regulatory affairs, replacing Gavin Hill who will join the compliance team at the London Metal Exchange.
Top dealers post $1.4 trillion of collateral for derivatives trades
Margin analysis by ISDA reflects changes to collateral practices over recent years.
ISDA calls for EU-CCP relocation transitional period
ISDA urges EU and UK policy makers to implement transitional period to reduce complexity and costs to market participants.