No quick fix to leverage ratio stance on margin, banks told
Regulators to address capital hit via standard on segregation – but not before 2017
Regulators may soften the leverage ratio's impact on initial margin but changes are not expected to appear until 2017, according to two sources that have met with officials at the Federal Reserve Bank of New York and the Bank of England. Dealers fear that will be too late for some client clearing businesses, four of which have already shut up shop.
Risk reported in March that the Basel Committee on Banking Supervision was planning to address the issue in an FAQ document, due for release later
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