Asset managers to face increased regulatory scrutiny over outsourced NAV oversight
Greater regulatory scrutiny comes as the COVID-19 pandemic has highlighted a greater risk in the event a fund administrator cannot strike a NAV.
Tag: IOSCO
Regulators delay uncleared margin rules for one year
Asset managers receive respite from authorities in implementing the final phase of the uncleared margin rules as coronavirus continues to impact regulation.
Industry associations urge regulators to postpone upcoming initial margin phases
The group of 20 industry bodies have said the outbreak has resulted in a significant delay for both custodians and buy-side firms in carrying out heavy onboarding tasks
Regulatory bodies issue guidance on initial margin rules as industry continues to call for further amendments
BCBS/IOSCO issue guidance on initial margin rules for derivatives based on transitioning benchmarks as industry continues to seek recalibration of thresholds.
Trade associations urge regulators to improve clearing transparency
FIA, GFMA, IIF, ISDA and TCH have responded to recent CPMI-IOSCO guidance urging for greater transparency for clearing members.
CCPs warn of overly tough risk management rules
CPMI-ISOCO report suggestions to manage procyclicality are too "restrictive".