Collateral Bites with Joe!
While there has clearly been an effort among global regulators to align on the principles behind uncleared OTC derivative margin regulation, some differences in the scope and implementation remain from one regulatory jurisdiction to the next. On August 8, 2019, ISDA published a summary document, click here to view summary, detailing a comparison between jurisdictional rules and scope of coverage.
This is a very handy resource to help market participants gain clarity on how the various derivative products in their portfolio will be treated, depending on the product type and jurisdiction.
Do you have a full understanding of your firm’s post-trade processing and how it will be impacted under the Uncleared Margin Rules (UMR) ? We can help.