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Futures & Derivatives Law Committee
Date: 09/18/2013
Location: The Chicago Bar Association, 321 South Plymouth Court, Chicago, IL 60604
Presented by: Futures and Derivatives Law

TOPIC: Harmonization of Global Margin Requirements
The Basel Committee on Banking Supervision (Basel Committee) and the International Organization of Securities Commissions (IOSCO) formed the Working Group on Margining Requirements in October 2011 to develop a proposal on margin requirements for uncleared derivatives transactions. After a series of consultations, the Basel Committee and IOSCO released a final framework for these margin requirements on September 2, 2013. It is anticipated that this framework will serve as the basis for the final margin requirements that will be adopted by the CFTC, the SEC and the federal banking regulators in the United States as well as by the regulators in the other G-20 countries.

SPEAKER: ROSS PAZZOL, Partner, Katten Muchin Rosenman LLP