Clifford Chance

BCBS-IOSCO consultation on margin requirements for uncleared derivatives

21 November 2012

In July 2012 the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) published a consultative document on the margin requirements for uncleared derivatives. Clifford Chance has produced a paper summarising the proposals set out in the consultative document and comparing them with the consultative proposals set out in the European Supervisory Authorities' joint discussion paper on regulatory technical standards on risk mitigation techniques for OTC derivatives not cleared by a CCP under EMIR (March 2012).

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