Dealers say CCPs need to be more transparent about how they calculate margin – including making their models fully accessible
More than half of respondents expect regulators to back down over extraterritoriality application of margin rules
Trust, but verify
Follow the leader?
One pot to rule them all
Congressman Darrell Issa attacks margin rules that threaten to isolate US banks. Foreign regulators say they have no plans to copy the proposals
A clear goal
While Basel Committee deliberates, EC proposes 'value of zero' for contingent risks associated with clearing portability
World Bank believes imposition of national regulations on multilateral development institutions is unprecedented intrusion on the internal operations of international organisations
In an exclusive video interview, Isda chairman Stephen O’Connor says there is a finite capacity for clearing members to provide collateral transformation services to their clients
CFTC Commissioner Scott O’Malia shares his views with Ned Molloy on, amongst other things, systemic risk, position limits, the use of non-cash collateral and the jurisdictions of the CFTC and FERC
Margin jump risk
More than two-thirds of respondents think the long arm of Dodd-Frank will put US banks at a competitive disadvantage
US banks will be shut out of the market for uncleared derivatives, says JP Morgan's chief risk officer
Panel participants encourage buy-side firms to engage with CCPs early to avoid a last-minute rush
Requirement for banks to post initial margin when trading with each other will result in huge amounts of liquid assets being locked down, according to analysis by one US prudential regulator
A clear path?
Reaching too far?
US banks may lose sovereign clients over Dodd-Frank margin posting rules