Lack of non-cleared margin rules in Asia sparks dealer concern

Requirements for non-cleared swaps delayed until September 2016 but firms in Asia may still not be ready. A collective sigh of relief was audible in March when the Basel Committee on Banking Supervision (BCBS) delayed the planned introduction of margin rules for non-cleared swaps by nine months, from December 1, 2015 to September 1, 2016; but with the industry pushing for a two-year deferment and final rules not agreed between the major jurisdictions and no draft rules in derivatives hubs.... more


APAC Financial Markets • #Asia, #BaselCommitteeOnBankingSupervision, #NonClearedMarginRules, #NonClearedSwaps #MarketNews, #RegulatoryIssues