BCBS and IOSCO announce a one-year deferral of the remaining global initial margin requirements in response to coronavirus challenges

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BCBS and IOSCO announce a one-year deferral of the remaining global initial margin requirements in response to coronavirus challenges

In April 2020, the Financial Conduct Authority (FCA) welcomed a joint announcement by the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) regarding a one-year deferral of the final implementation phases for global initial margin requirements.

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