Isda AGM: Big regulators hike pressure on small countries, panellists say
Initial margin requirements could increase liquidity strain on firms in smaller markets
Big country regulators have ignored the liquidity impact on smaller markets when shaping Basel III and post-crisis reform of the over-the-counter derivatives market, according to Jonathan Hunter, global head of fixed income and currencies, RBC Capital Markets.
Speaking at the annual meeting of the International Swaps and Derivatives Association in Singapore today, Hunter said while it is correct that reserve currency countries – typically meaning the eurozone, Japan, the UK and US – should have
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