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Global margin standards face further delays

Proposals to collateralise non-centrally cleared derivatives could now be subject to further consultation and impact assessment, having missed the original end-of-2012 deadline

Airport delays

New global standards on derivatives margin requirements appear to be facing significant delays, amid claims policy-makers have been unable to agree on the treatment of foreign exchange derivatives. Regulators are now planning to launch a second consultation, in part because of worries about the amount of collateral the current proposals would consume.

The standards are being drawn up by the

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