Local Asian custodians not ready for IM phase five

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

As firms in Asia look ahead to the final stage of non-cleared margin rules, due to take effect in September 2020, bankers are raising the alarm over the lack of preparations among local custodians to handle the anticipated uplift of collateral flow from smaller, regional clients.

“I don’t think there’s too many sub-custodians out there who can offer any form of initial margin segregation for these rules,” says a former Asian head of collateral at a global bank. “They may be able to offer margin

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: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]