Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

20 March 2015

ISDA(国際スワップ・デリバティブス協会)、非清算対象デリバティブに係る証拠金規制の導入日延期を支持


Default: Change to:


ISDA welcomes the extension to the start date for non-cleared derivatives margin rules. The new rules will require firms to make significant changes to their infrastructure, technology, processes and documentation.


“Firms have been working hard to prepare for the rules, but the changes would have been all but impossible to complete by the original December 2015 effective date, particularly as final rules have not yet been published by US, European and Japanese authorities,” said Scott O’Malia, ISDA Chief Executive Officer.

"While still challenging without final rules, the revised implementation date should give firms additional time to develop, implement and test new systems. We are grateful that regulators have listened to concerns expressed by ISDA and other market participants on this issue. We urge the national regulators to publish the final rules as soon as possible, and we look forward to working closely with the regulators over the coming months,” O’Malia concluded.

Full press release



© ISDA - International Swaps and Derivatives Association


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment