The final implementation phases of the Margin requirements for non-centrally cleared derivatives

Under the globally agreed standards of Margin requirements for non-centrally cleared derivatives, all financial firms and systemically important non-financial entities that engage in non-centrally cleared derivatives will have to exchange initial and variation margin commensurate with the counterparty risks arising from such Transactions.

Significant progress has been made to implement the framework for margin requirements for non-centrally-cleared derivatives. To support timely and smooth implementation of the framework and clarify its requirements, the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) are providing guidance today.

The provided guidance and the complete press release can be found here. Of course, you can also inform yourself directly about the margin requirements for non-centrally cleared derivatives via our zeb.regulatory.monitor. Simply click here to do so.