IOSCO, Basel Committee approve rules for OTC derivatives

09/2/2013 | Reuters · Bloomberg Businessweek

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions have jointly issued rules governing the over-the-counter derivatives market. The rules require banks to back certain trades with additional collateral. Regulators will phase in the rules over four years starting in December 2015.

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Reuters · Bloomberg Businessweek

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