Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Thursday, September 4, 2014

Fed Re-Proposes Margin, Capital Requirements for Swaps

The Federal Reserve voted to re-propose a rule that would require prudentially regulated swap dealers and participants to put up capital and collect minimum amounts and initial margin and variation margin from counterparties to swaps not cleared by a central counterparty.

The rule, which will be jointly issued by the Fed, FDIC, OCC, Federal Housing Finance Agency and Farm Credit Administration, would set margin requirements based on the risk associated with the counterparty, whether it is an end user, another swap entity or other counterparty. The proposal would also determine what counts as collateral.

The agencies originally proposed capital and margin requirements for swap entities in April 2011. They are re-proposing the rule with changes based on earlier comments and on international standards for margin requirements released in 2013.

Read the proposed rule.

No comments:

Post a Comment

Please read our comment policy before making a comment.