OTC derivatives margin rules are worrisome, ISDA official says

01/18/2013 | Trade News (U.K.), The

An official of the International Swaps and Derivatives Association has raised concerns about proposals by the Basel Committee on Banking Supervision and International Organization of Securities Commissions to implement variation and initial margin on over-the-counter derivatives. "In their attempts to correct the financial system, regulators may be overshooting and creating a collateral crunch," said George Handjinicolaou, deputy CEO and head of Europe at ISDA.

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Trade News (U.K.), The

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