Working Group on Margining Requirements (WGMR)
Non-cleared margin – a timeline
Milestones in the development of margin requirements for non-cleared trades
DRW, Goldman, Wells Fargo back swaps regtech firm
Droit gets $16m capital boost to support growth of cross-border compliance service
Netting questions linger in Asia margining rules
Hong Kong set to exempt non-netting trades from margin regime, following Australian position
Sense and sensitivities: Isda Simm is not so simple
Three industry experts argue initial margin calculations for uncleared trades won't work without centralised calibration of sensitivities
Europe set to delay variation margin regime
Delay to initial margin deadline likely to be accompanied by smaller shift in variation margin timetable
Three months left: dealers fret over slow start to Simm tests
Banks "still working like mad" in race to implement standard margin model
JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shirakawa says remaining differences make this more important
Intra-group margin will ‘stifle’ internal hedging, banks warn
Additional costs for end-users if no exemption granted
Dealers fear mix-and-match margining for cross-border swaps
National conflicts in margin rules can only be fixed via mutual recognition
EU revisions to uncleared margin rules address industry fears
Cash collateral escapes haircut and third-country corporates get a carve-out
Project Colin: why Goldman-led margin hub fell apart
Secretive group disbanded after dealers realised tech firms had similar plans
AcadiaSoft and TriOptima tie-up to usher in new margin hub
Goldman-led dealer consortium stepped aside for middleware and tech firms
Cutting Edge introduction: Taming MVA
Lloyds quants tackle computation of margin add-on for derivatives prices
DE Shaw sees $65m swaps margin threshold as exposure cap
Isda AGM: Hedge fund plans to share non-cleared swaps around to reduce trading costs
US bilateral margin rules: a hit parade of horrors
US regime differs on currency, threshold, eligible collateral and non-financials
Buy-side firms seek margin flexibility via CSA changes
Collateral transformation facilities being lined up but are not being used
Dealers welcome US uncleared margin rules
But cash variation margin restriction may upset the buy side
EBA: Objections over WGMR rules not our fault
EU authorities claim hands are tied by WGMR proposals on non-cleared margin requirements
Dealers rail at 'absurd' EU margin rules
Draft rules would force EU banks to collect margin from non-EU corporates
Collateral and counterparty tracking: Emerging initial margin requirements
Content provided by IBM
EU applies 8% haircut to margin-currency mismatches
European regulators confirm haircut will apply to both initial and variation margin