'Systemic risk' created by margining into non-netting jurisdictions, says StanChart
Local regulators are considering exempting banks from posting margin where there is no netting certainty
Dealers in Asia are concerned about the systemic risk created by the margin framework for non-cleared swaps in the case of cross-border trades where a non-netting friendly jurisdiction is involved.
The margin rules from the Basel Committee on Banking Supervision will be introduced in two stages. The biggest participants – those with aggregate month-end average notional amounts of non-centrally
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