Bilateral Margin Rules for Uncleared Swaps to Move?
Steven Maijoor makes a comment at a conference in Hong Kong
As many people know regulators require firms to apply complex Initial Margin calculations to all their un-cleared OTC trades, starting from December 1st this year. Steven Maijoor speaking at a conference in Hong Kong hinted that the December 1st date may change.
For more information, click on over to the story at Reuters: https://uk.finance.yahoo.com/news/derivatives-watchdogs-expected-agree-swaps-122415659.html