European regulators have made a raft of changes to their uncleared margin rules, including exempting non-European Union corporates and removing haircuts on cash collateral.
The revisions, published this morning, address many of the concerns industry groups raised with the original draft rules released last year.
"After the first consultation, we received a lot of feedback from industry stakeholders on a number of technical aspects. We believe we have taken into account a lot of these comments. A