Global margin standards face further delays

Airport delays

New global standards on derivatives margin requirements appear to be facing significant delays, amid claims policy-makers have been unable to agree on the treatment of foreign exchange derivatives. Regulators are now planning to launch a second consultation, in part because of worries about the amount of collateral the current proposals would consume.

The standards are being drawn up by the Working Group on Margining Requirements (WGMR) - a joint working group of the Basel Committee on Banking S

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