Basel Committee and Iosco reopen FX exemption debate


The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (Iosco) have reopened the contentious debate over the exemption of FX swaps and forwards from mandatory counterparty risk mitigation measures, giving the industry until March 15 to make its case.

In a second consultative document published late on February 15, the Working Group on Margining Requirements (WGMR), a joint working group of the Basel Committee and Iosco, presented the ‘near-final'

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 -, or view our subscription options here:

You are currently unable to copy this content. Please contact 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

Most read articles loading...

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: