New standard CSA could be rolled out in Q2 2012
Progress towards a new standard credit support annex (CSA) will be reviewed by the International Swaps and Derivatives Association board this month, and the document could be rolled out in two phases starting in the second quarter of 2012, say participants in the initiative.
Work on the new standard CSA, which governs the exchange of collateral in the over-the-counter derivatives market, began last year, and moved into the implementation planning phase after a feasibility study was presented to
More on Collateral Risk Management
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Lombard Risk launches buy-side collateral management tool
As asset managers and investment firms prepare for uncleared margin rules due in March 2017
Banks push for greater adoption of two-way CSAs
The Bank of England's decision in 2012 to start using two-way collateral model fails to spur change, and traders are calling for more to adopt the model
CFTC's Gensler defends swaps vs futures margin disparity
Forthcoming Sef rules will not address margin concerns raised by Bloomberg
Basel Committee and Iosco reopen FX exemption debate
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‘Near-final’ margin rules to be issued within days, says Iosco chief
Secretary general of Iosco confirms that further work is needed to assess the economic impact of margin requirements for uncleared derivatives
