US uncleared swaps margin requirements tailored for smaller firms, aligned with global standards
( December 8, 2020, 19:46 GMT | Official Statement) -- MLex Summary: US uncleared swaps margin requirements for dealers and major swap participants, initially designed for the biggest financial institutions, were tailored by the Commodity Futures Trading Commission for counterparties that are pension plans, endowments, insurers and other financial end-users. The rules also were harmonized with standards set by global authorities and build off staff relief granted as early as 2017.Statement follows in full. ...
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