JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shunsuke Shirakawa says the remaining differences make compliance more important
As regulators start to release final rules on bilateral margining, differences remain and the Japan Financial Services Agency (JFSA) will be pushing for substituted compliance on an international level, said Shunsuke Shirakawa, deputy commissioner for international affairs at the regulator.
The Federal Deposit Insurance Corporation (FDIC) released its final margin rules last week while its fellow
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