ISDA CEO Scott O'Malia recognized regulators for "well-coordinated action" that provides greater "flexibility to derivatives users in their attempts to meet a March 1 deadline for posting variation margin on their non-cleared derivatives trades." In a derivatiViews blog post, Mr. O'Malia stated that the delay will not cause an increase in systemic risk, and that the regulatory flexibility will allow the derivatives industry to avoid potential market disruptions. He also stated that the "industry remains committed to completing the necessary work as quickly as possible."
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
