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

Clearinghouse collateral rules could stop downturns causing panic, ESRB says

( January 9, 2020, 11:40 GMT | Official Statement) -- MLex Summary: Clearinghouses could be required to impose a minimum floor on the collateral that members must post, or have to pass through profits they make on margins, as part of measures proposed to calm volatility in financial markets, said the European Systemic Risk Board. Regulators could also impose a cooling-off period for changes in haircuts or margin requirements or require an extra buffer of cash collateral, it said. The ESRB, chaired by European Central Bank President Christine Lagarde, said it was particularly interested in ensuring clearinghouses don't amplify panic by tightening liquidity during periods of economic stress.Statement follows. Document attached....

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