Insights

Watch the replay of the webinar panel discussion with our COO – Chetan Joshi on UMR Compliance – How to prepare your organisation for phase 6 hosted by Risk.net

Margin Reform provided insights and commentary for a joint whitepaper with the China Central Depository & Clearing Co. and ISDA on the usage of Chinese Government Bonds as collateral. N.B. This is the English version.

In this Initial Margin white paper, we present some of the issues that the EU RTS (Regulatory Technical Standards) offer to those who utilise Money Market Funds (MMF’s). The types of funds that could be used by clients and how some of the solutions available can be accessed, and are likely to operate on a day-to-day basis.

In this article, Sakti Narayan writes about the various routes to the market that should be considered once you have decided to lend. The organisational and portfolio characteristics are significant factors in determining the feasible routes to the lending market.

Chetan Joshi and Shaun Murray discuss how the new regulatory timetable is starting to emerge due to Coronavirus (COVID-19). The recent announcements of a delayed commencement to SFTR (Securities Financing Transactions Regulation) could cause a bottleneck for firms.

Sakti Narayan writes about the business of securities lending for investment managers. He addresses the key topics related to the decision making framework.

IM Phase 5, smaller on bang, bigger on complexity. Chetan joins a panel to discuss the regulatory bottlenecks.

Shaun Murray describes how the fifth and sixth phases of uncleared margin rules will affect repo and securities lending.

Shaun Murray and Brie Lam describe how the EMIR Refit level 1 text has not addressed the IM model validation requirements.

Shaun Murray describes how threshold management is going to prove critical on your UMR journey.

This paper provides evidence that is still going through the stages of discovery for compliance with initial margin rules.

BCBS & IOSCO have revised the framework for margin requirements for non-centrally cleared derivatives

How do F1 teams push the boundaries of speed and reliability so constantly? After all, it’s one person in a car, on their own, with just their bravery and skill to keep them on the track, right? And how can financial markets learn from a highly engineered team sport like F1?

The European Commission has announced that the Pension Scheme Arrangements (PSAs) temporary exemption from clearing will end in June 2023. The original exemption was introduced ten years ago in 2012. After multiple extensions, the countdown has finally begun. 

If you are a Pension scheme which is  unsure about clearing your OTC rates and credit derivatives, here is a review of the key consideration

I was recently invited to attend the second HQLAᵡ conference at the Goldman Sachs offices in London and to be a panel moderator for the ‘Margin Solutions’ panel.

Europe’s Grand Design

In November 2021, the European Commission (“EC”) announced the EU’s proposed way forward for central clearing in the post-Brexit world.

Here are our glimpse to UMR Q4 2020 survey results, shared by Chetan Joshi.

Duco asked us to comment on how vital backtesting is around risk data.

At Margin Reform, we recently held our second webinar with Scott Brown of Pirum Systems LTD and Nicholas Larrieu of

The current pace with which regulatory change is taking place can be overwhelming to buy-side firms. Furthermore, factor in that

Are you comfortable with the intricacies of the Uncleared Margin Rules (UMR)? Getting ready and maintaining regulatory compliance to UMR

My colleague Shaun Murray and I recently hosted a webinar on how firms can benefit from and capitalise on the

ESMA recently issued a new consultation paper titled ‘Technical standards on reporting, data quality, data access and registration of Trad

As the dust settles on the BCBS-IOSCO statement allowing the regulatory bodies to grant additional time to smaller entities impacted

At Margin Reform, we are proud to partner with ServiceMatrix – the definitive platform for frank appraisal of service partners.

CLIENT UPDATE Chetan Joshi, Founder, COO, Margin Reform Shaun Murray, Managing Director, CEO, Margin Reform Updated on 7th April 2020