Title

Basel Committee and IOSCO Release Consultation Paper on Uncleared Derivatives Margin; CFTC Reopens Comment Period on Uncleared Swap Margin Proposal
Client Newsflash

Created date

7/10/2012
On July 6, the Basel Committee on Banking Supervision and the International Organization of Securities Commissions released a consultation paper on margin requirements for uncleared derivatives. In response, the CFTC reopened the comment period for its proposed rule on margin requirements for uncleared swaps until September 14, 2012. This newsflash describes the BCBS/IOSCO consultation paper and points out similarities to and differences from the U.S. regulators' proposed margin rules for uncleared swaps under Dodd-Frank.