Response to BCBS/IOSCO’s Revision of Margin Requirements: A Sungard Whitepaper
On 18th March 2015, the deadline for companies to manage daily margin requirements for non-cleared trades was postponed. Rather than a big bang approach on 1st December 2015, the margin requirements for non-centrally cleared derivatives will be implemented using a phased approach, starting on 1st September 2016. A delay of 9 months.
On 18th March 2015, the deadline for companies to manage daily margin requirements for non-cleared trades was postponed. Rather than a big bang approach on 1st December 2015, the margin requirements for non-centrally cleared derivatives will be implemented using a phased approach, starting on 1st September 2016. A delay of 9 months.
Sungard now have available a whitepaper by Alex Soane that discusses the challenges ahead, the delay in go-live, and the background behind the BCBS/IOSCO.
The whitepaper PDF is attached below.