Watchdogs ask EC to delay repo haircut floors. Will it?
EBA says hedge funds will skirt the rules, but Basel and FSB want haircut minimums in place
At what point does a second look at a regulation stretch into a gaping hiatus?
Europe’s watchdogs are urging the European Commission (EC) to postpone going forward with minimum haircut floors on non-cleared repo and securities lending trades until they’ve had more time to assess that market.
But there’s a snag. In order to do that, the regulators want to look at data generated under the
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