Posted collateral cannot be used to offset liabilities when calculating farm credit banks' leverage ratio
Added cost and mutualised risk will discourage direct clearing participation, panel concludes
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Variation margin articles
Collateral demands will be pro-cyclical - rising as markets become stressed - and will be generated by uncleared as well as cleared trades, DE Shaw treasurer tells Isda conference
Trio of rules - on liquidity, clearing and margin for uncleared trades - will hoover up vast amounts of collateral, market participants fear
As of April 3, typing the phrase ‘Working Group on Margining Requirements’ (WGMR) into Google yielded a total of three results – the same number as the Bangor Biscuit Appreciation Society (BBAS). Without meaning to impugn the BBAS, that’s a...
The extraterritorial scope of US margin rules would have left US banks’ overseas swaps business in tatters, but an international working group looks set to deliver a reprieve by endorsing similar rules. In doing so, it could also create a liquid asset...
US regulations on mandatory clearing and uncleared margin could put US dealers at a competitive disadvantage in Europe, says EIB
Counterparties will have to post variation margin on uncleared trades – but questions remain over which firms will have to post and collect initial margin
Section 716 of the Dodd-Frank Act is based on a misperception of OTC derivatives, says acting OCC head - who also acknowledged criticism of US uncleared margin proposals
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
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