Margin rules spur Middle East netting upgrades
Bahrain, Qatar, UAE seeking to bolster swaps safeguards
At least three countries in the Middle East are trying to introduce – or tighten up – derivatives netting rules, to ensure their markets do not suffer as new margining rules are rolled out globally. Bahrain, Qatar and the United Arab Emirates (UAE) have all proposed or amended legislation in recent months; changes are also being discussed in Saudi Arabia.
The margining regime will raise the cost
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