These new draft Regulatory Technical Standards revise the current framework to bring requirements for exchange of variation margin for over-the-counter derivatives trades into line with BCBS-IOSCO standards applicable in many other key jurisdictions
The new functionality is expected to improve operational efficiency and remove unnecessary complexity so that overall risk is mitigated and collateral is ultimately released quicker
Citi becomes the first FCM to connect to ICE Clear Europe via the Baton Systems platform, facilitating automation and optimisation of collateral movements
A Clear Path Analysis survey finds regulatory reporting challenges are exacerbated by COVID-19, Brexit, new ESG requirements and increased mergers and acquisition activity
The Goldman Sachs Group has announced it has entered into a €1.6billion agreement to acquire NN Investment Partners, a Netherlands-based asset manager