Fears rise that Asia will miss March 2017 margin deadline

India, Australia, Singapore and Hong Kong have yet to publish non-cleared margin rules

alarm clock3
Ring the alarm: "Just to get those four Asian countries live for March will be a challenge" – Eric Litvack

Concern is mounting among swap dealers that the introduction of universal variation margin (VM) posting on non-cleared over-the-counter swaps in March 2017 may be disrupted by the scant progress made by four Asian countries in implementing non-cleared margin rules.

"We're nearly there with rules for Europe, but we're still waiting on the rules in Hong Kong, Singapore, India and Australia," said Eric Litvack, head of regulatory strategy at Société Générale Corporate and Investment Banking (SGCIB)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: