Global margin standards face further delays
New global standards on derivatives margin requirements appear to be facing significant delays, amid claims senior policy-makers are worried about the amount of collateral the current proposals would consume.
The standards are being drawn up by the Working Group on Margining Requirements (WGMR) – a joint working group of the Basel Committee on Banking Supervision and the International Organization of Securities Commissions – and would apply to over-the-counter derivatives that are not centrally
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