Different regulatory bodies have come out with final rules setting forth requirements for the posting and collecting of margin between certain counterparties to certain OTC swaps. In the US, the CFTC and the Prudential Regulators have finalized their respective OTC margin rules and in Europe the European Supervisory Authorities have finalized their OTC margin rule. Compliance with all of those rules for the first category of participants will occur in September 2016. This webinar will provide an overview of the OTC margin rules from the perspective of the US and the EU and will also discuss practical implications, such as redocumenting collateral arrangements and using compliant methods to calculate margin requirements.
Claude Brown, Ilene Froom and Peter Malyshev of Reed Smith LLP