Implementation of Non-Cleared Derivatives Margin Rules Deferred

Orrick - Finance 20/20
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March 18, 2015 – The Basel Committee on Banking Supervision and IOSCO have extended the implementation date for the Non-Cleared Derivatives Margin Rules, originally scheduled to start from December 1, 2015. Firms will now have until September 1, 2016 to prepare for the imposition of stricter rules for trading over-the-counter derivatives.

 

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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