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This document presents the final policy framework that establishes minimum standards for margin requirements for non-centrally cleared derivatives as agreed by the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO). This final...
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) derivatives. The central clearing of standardised OTC derivatives is a pillar of the G20 Leaders' commitments to reform OTC … concludes that the reforms - particularly capital requirements, clearing mandates and margin requirements for non …-centrally cleared derivatives - are achieving their goals of promoting central clearing, especially for the most systemic market …
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introduction of mandatory central clearing for standardised over-the-counter derivatives in some jurisdictions. It is, therefore …, vital that each CCP is sufficiently resilient to withstand clearing member failures and other stress events. The final …
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