Mid-year refresh triggers Emir 3.0 authorisation process despite unfinished regulatory standards
The first mid-year recalibration of the standard initial margin model under a new semi-annual regime will trigger a requirement for European firms to submit model validation applications to their regulators – but the rules governing the validation process itself have yet to be written.
Known as version 2.7+2412, the International Swaps and Derivatives Association’s latest iteration of Simm is the first refresh of risk weights under a new approach aimed at improving Simm’s responsiveness by
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Most read articles loading…
Back to Top
Read More: Emir rule delay leaves Simm paperwork gathering dust