Page 21 - 期貨和衍生品行業(yè)監管動(dòng)態(tài)（2024年4月）
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期貨和衍生品行業(yè)監管動(dòng)態(tài)
posted for cleared IRD transactions and $60.4 billion was delivered for cleared CDS
exposures.
“The introduction of the sixth phase of the margin rules in September 2022
means more entities than ever before need to post IM for their non-cleared derivatives
exposures, and additional firms continue to come into scope each year. This
significantly reduces counterparty credit risk, but it does also mean that large amounts
of high-quality liquid assets need to be sourced to meet margin calls, which means
collateral management processes need to be as efficient as possible,” said Scott
O’Malia, ISDA’s Chief Executive.
ISDA is working on several initiatives to apply the Common Domain Model – an
open-source data standard for financial products, trades and lifecycle events – to
collateral management documentation, collateral representation and margin and
settlement processes to increase automation and efficiency and reduce operational,
liquidity and counterparty risks.
https://www.isda.org/2024/04/16/isda-margin-survey-shows-1-4-trillion-in-margin-col
lected-at-year-end-2023/
3. 金融穩定委員會(huì )提出增強市場(chǎng)整體壓力下非銀行市場(chǎng)參與者在保證金和擔
保品追加方面流動(dòng)性準備的措施（2024 年 4 月 17 日）
? 金融穩定委員會(huì )（FSB）報告指出，風(fēng)險管理和治理方面的缺失是近期
金融市場(chǎng)流動(dòng)性壓力事件中一些非銀行市場(chǎng)參與者流動(dòng)性準備不足的關(guān)
鍵原因。
? 報告提出了八項政策建議，重點(diǎn)是管理和降低非銀行金融中介（NBFI）
行業(yè)追加保證金和擔保品激增造成的影響。
7
