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The Basel Committee on Banking Supervision and IOSCO have extended the implementation date for the Non-Cleared Derivatives Margin Rules, originally scheduled to start from December 1, 2015.
March 18, 2015 – The Basel Committee on Banking
Supervision and IOSCO have extended the implementation date for the
Non-Cleared Derivatives Margin Rules, originally scheduled to start
from December 1, 2015. Firms will now have until September 1, 2016
to prepare for the imposition of stricter rules for trading
over-the-counter derivatives.
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