EU revisions to uncleared margin rules address industry fears

European regulators roll back contentious elements of EU uncleared margin rules, including the treatment of cash collateral and third-country corporates

European commission
Industry feedback pushed EU regulators to amend uncleared margin rules

European regulators have made a raft of changes to their uncleared margin rules, including exempting non-European Union corporates and removing haircuts on cash collateral.

The revisions, published this morning, address many of the concerns industry groups raised with the original draft rules released last year.

"After the first consultation, we received a lot of feedback from industry stakeholders on a number of technical aspects. We believe we have taken into account a lot of these comments

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