CCPs and banks suggest alternative recovery rules
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CCPs and banks suggest alternative recovery rules

Sharon Kimathi
September 04, 2018
CCPs and banks fear initial margin haircutting in CCP recovery

A leading clearinghouse strongly disagrees with initial margin haircutting under the CCP draft recovery and resolution regime as it leads to a conflict of interest, while banks believe it’ll leave them out of the money

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Sharon Kimathi
ESG and Energy Editor at Reuters
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