‘Near-final’ margin rules to be issued within days, says Iosco chief

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Global regulators will publish an interim consultation on collateral requirements for non-centrally cleared derivatives within days, according to David Wright, secretary general of the International Organization of Securities Commissions (Iosco). Speaking at a liquidity conference organised by the Association for Financial Markets in Europe this morning, Wright confirmed the industry would have an opportunity to comment further on the controversial proposals that were first published in July