BCBS and IOSCO issue consultative paper on margin requirements for non-centrally-cleared derivatives
IOSCO has published a consultative paper on margin requirements for non-centrally-cleared derivatives.
Originally Published:
Friday, July 6, 2012
The Global Financial Crisis has demonstrated the limits of debates over privileging rules over principles or vica-versa. Effective regulatory design necessitates a pro-active interaction between rules, principles and social norms in order to determine that stated values actually inform practice. This series examines the impact of the GFC on regulatory design.
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