Japan holds firm on VM deadline as Fed tracks progress

JFSA says no “strong reason” for delay; Bafin and Fed monitor developments

JFSA office
Japan's financial watchdog is insisting banks adhere to the deadline

Another deadline in the global roll-out of derivatives margining rules; another game of who-blinks-first.

With 10 working days until the exchange of variation margin becomes mandatory for non-cleared trades, banks and other market participants claim only a fraction of the thousands of affected firms will be able to meet the March 1 deadline. They want to see a postponement of the rules or a period of forbearance in which breaches are not punished.

For the most part, regulators are holding the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here