Tag: Collateralisation
FCA clear on 2015
The FCA has updated its webpage, outlining its supervisory priorities arising from EMIR for 2015. Forthcoming areas of focus will include; Counterparty compliance for trade reporting. Connectivity or delegated reporting should have been established, appropriate LEI’s should have been acquired and preparations made for their renewal Clearing Member compliance with Article 39 EMIR in respect […]
US lightens and tightens
The five leading US regulatory agencies, collectively referred to as the “prudential regulators”[1], met yesterday to finalise the US iteration of the Basel III Liquidity Coverage Ratio, to adopt a supplementary leverage ratio rule and to propose new margin requirements for uncleared swaps. Liquidity Coverage Ratio– a deleveraging rule to protect financial institutions from temporary […]