Article: The Revised Timeline for Bilateral Margin Regulations23 August 2016 | Bill Hodgson
Global regulators are moving towards placing margin requirements on un-cleared OTC business. Knowing when you need to comply keeps changing, so below is my best effort at setting out the latest situation. Recent updates from Singapore and Australia have blurred the picture in Asia with Hong Kong expected to follow suit.
- Singapore MAS: http://www.mas.gov.sg/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing/Securities-Futures-and-Funds-Management/Circulars/2016/Circular-on-Margin-Requirements-for-NonCentrally-Cleared-Derivatives.aspx
- Australian PRA: http://www.apra.gov.au/CrossIndustry/Pages/Consultation-margining-risk-mitigation-February-2016.aspx
- Good updates from DRS LLP: