Modifications by the Basel Committee are welcomed, but further changes are needed, dealers claim
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Regulators believe the IIF has over-estimated the effect of the planned Basel III reforms.
Dealers complain a long-awaited draft of standards for derivatives clearing platforms fails to address key issues.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.