Just six banks caught by phase two of IM regime

Four EU, one Japanese and one Australian bank to start posting initial margin on non-cleared trades from September

banks-global-currency
Compression has helped some firms avoid being in scope for the next phase of the margin rules

Just six banking groups will start posting initial margin on new non-cleared derivatives trades from September, Risk.net has learned – a group with some notable absentees. The deadline marks the start of the margining regime's second phase; the market's largest dealers became subject to the rules last year.

Sources at ANZ, Danske Bank, ING and Nordea have confirmed they will be caught by the rules from September. Well-placed industry sources say Santander and Japan's SMBC are also in scope, but

To continue reading...

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 indvidual account here: