On August 16, 2016 ISDA published the ISDA 2016 Variation Margin Protocol, which is designed to amend ISDA Credit Support Annexes (“CSAs”) to take account of certain new margin requirements for uncleared swaps.
Relevant to Article 15 of the EU Securities Financing Transactions Regulation (“SFTR”) Article 15 of the SFTR has been interpreted to require all counterparties, including buy side counterparties outside Europe, to inform their European counterparties of the risks involved in collateral arrangements that permit the reuse of posted securities. As a result, firms that receive […]
In the January/February 2014 issue of Practical Compliance and Risk Management, GuyLaine Charles outlines some of the compliance obligations that are imposed on broker-dealers who choose to expand their offerings to futures dealing.
Swap Dealers Set to Issue IM Segregation Right Notices In Advance of First CFTC Compliance Deadline
– ISDA Amend Offers Buy Side Centralized Platform for Making Required Elections
– Prompt Responses Will Help to Avoid Potential Trading Disruptions