This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Banks’ inter-affiliate swaps would no longer require initial margin under US proposal

( October 28, 2019, 22:07 GMT | Official Statement) -- MLex Summary: Banks would no longer have to hold initial margin for uncleared swaps with affiliates under a rule proposed by the US Federal Reserve and four other agencies. “Inter-affiliate swaps typically are used for internal risk management purposes, by transferring risk to a centralized risk management function within the firm,” the agencies said. “The proposal would give firms additional flexibility to allocate collateral internally, supporting prudent risk management strategies that support safety and soundness.”Statement follows in full. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections