Regulatory initial margin – the obligations on the buy-side
However, over the next two years a large number of buy-side firms will be caught as the threshold for compliance drops to include entities with uncleared OTC derivatives portfolios of €50bn or greater in 2020 and of €8bn or greater in 2021.
In this note we set out the steps that affected buy-side firms should be taking to prepare for the exchange of initial margin.