Dual IM relief may slash 2020 docs burden by 90%

Isda sees around 8,000 counterparty relationships lifted from phase-five repapering

isda-fallbacks
Isda: the two concessions would slash counterparty relationships needing repapering in 2020 from 9,059 to 1,021
Risk.net montage

Two recommendations issued by international standard-setters, which aim to smooth preparations for initial margin (IM) rules on non-cleared derivatives, could see the documentation effort slashed by almost 90% for September 2020 implementation, reining in the so-called IM ‘big bang’ – at least for another year.

Recommendations from the Basel Committee on Banking Supervision (BCBS) and International Organization of Securities Commissions (Iosco) would split the IM big bang in two and lighten 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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: