September 30, 2024 (NO COMMENTS)

Rollback may revive interest in European FCM model, as principal clearing still treated punitively

 

Clearing sources have cheered signals from a top US regulator that they will cancel a planned increase in capital requirements for derivatives clearing businesses included in the Basel III endgame package. Michael Barr, the US Federal Reserve’s vice-chair for supervision, recently announced his plan for a reproposal of the package, which would implement the Basel Committee on Banking Supervision’s final round of post-2008 prudential reforms and also amend the capital surcharge for global