Feb 15, 2017 | Newsbrief
The US Commodity Futures Trading Commission issued on Monday no-action letter 17-11, granting swap dealers time-limited relief from compliance with the obligation to post and collect variation margin from their OTC swaps counterparties. Note however that no-action...
Sep 1, 2016 | Newsbrief
Only days away from the 1 September regulatory deadline for the new collateral regime, it seems clear that, absent a last-minute no-action letter from the three regulators poised to meet the original timetable (namely, the US, Canada and Japan), the $493 trillion OTC...
Apr 28, 2016 | Newsbrief
The European Commission published on 19 April 2016 the regulatory technical supplement for credit default swaps (“CDS”), setting out the types of transaction subject to the clearing obligation, as well as the entry into force of the clearing obligation (and...
