Tag Archives: segregation

Comparing Collateral Segregation Regimes for Uncleared Swap Margin

The proposed margin rules from the CFTC and the prudential regulators, when considered alongside the existing CFTC collateral segregation rules, present the potential for three different collateral segregation regimes applying to initial margin posted to a swap dealer. To compare the differences, we have created a chart of the three collateral segregation regimes.… Continue Reading

IOSCO Survey on Protection, Distribution and/or Transfer of Client Assets

The Technical Committee of the International Organization of Securities Commissions has absolutely outdone itself this time by publishing its Survey of Regimes for the Protection, Distribution and/or Transfer of Client Assets. In summary, this electronic treasure trove answers the basic question of – My assets are custodied in [insert jurisdiction] at [Insert type of institution: … Continue Reading