Basel Committee and IOSCO Release Review on Margin Rules Implementation

The report assesses global progress in adopting margin requirements for non-centrally cleared derivatives as of December 12.

Summary

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Terms & Concepts
  • Basel Committee on Banking Supervision: An international body that sets standards for bank regulation to enhance financial stability globally.
  • IOSCO: The International Organization of Securities Commissions, a global association of securities regulators that develops and promotes adherence to recognized standards.
  • Non-centrally cleared derivatives: Derivatives traded bilaterally without being cleared through a central counterparty, requiring specific margin arrangements to mitigate risk.