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Darren Thomas

MD
IHS Markit
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Darren Thomas

Unclear Rules to Follow: Words of Wisdom for Asset Managers Coming into the Scope of UMR

This past fall, Phase 3 of initial margin reform came into force. All firms holding more than $1.5 trillion USD in notional in uncleared derivatives were required to post margin in a manner compliant with the rules of a new global margining framework. This new framework, passed by regulators in all major jurisdictions, is composed of stringent rul...

19 February 2019 /regulation Financial Services Regulation

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