US banks may lose sovereign clients over margin rules

US banks may lose sovereign clients over Dodd-Frank margin posting rules

US markets

Non-US sovereigns say they could stop executing over-the-counter derivatives with US banks if their counterparties are obliged to collect collateral from them – as envisaged in proposals from US prudential regulators published at the start of April. Sovereigns typically don’t post collateral, and most say they are unwilling to change – whether their counterparties are required to collect it or not.

“This doesn’t change my views on swap transactions. Since I’m still not willing to post collateral

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:

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 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: