HK margin rules on uncleared swaps should include exemptions, say market participants

HK margin rules on uncleared swaps should include exemptions, say market participants

hong kong flag

Hong Kong regulators should include an exemption for corporates and non-bank financial institutions in any margin requirements for uncleared over-the-counter swaps, say some market participants.

In a consultation on the proposed regime for OTC derivatives, which closed on November 30, the Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) said they would consider whether non-cleared trades should be subject to margin requirements. This follows on from US prudential

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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: