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Location
New York
Member since
2019
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Mark's blog archive

2019 (2)
Mark Demo

Mark Demo

Head of Industry and Strategy at AcadiaSoft
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Blogs

Financial Services Regulation

BCBS and IOSCO Add Sixth Phase to Global Regulatory Initial Margin Rollout

23 Jul 2019

Today, the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) recommended that prudential regulators add a sixth phase to the global regulatory initial margin (IM) rollout. BCBS and IOSCO are recommending to split the current Phase 5 gross notional threshold as follows: IM Phase 5 g...

Financial Services Regulation

Monitoring OTC trades to ensure IM compliance

10 Jun 2019

In late March, the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) issued guidance to national regulators stating that Phase 4 and 5 firms need not negotiate documentation with counterparties or become operationally ready if the trading relationship with any given counterparty was ...