South Korea seems likely to opt for a six-month implementation period from March 1 for its variation margin regime for non-cleared derivatives. The industry has been lobbying for this move as there is concern that changes to the country’s business code to allow the rehypothecation of collateral will not be implemented in time for the originally proposed three-month period.
“If the rehypothecation issue is not cleared up it will become a huge problem. Institutions will have an obligation to deli
The week on Risk.net, March 10-16 2018Receive this by email