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Europe Daily Bulletin No. 12455

27 March 2020
Contents Publication in full By article 17 / 37
EU RESPONSE TO COVID-19 / Finance
COVID-19, industry is calling for a delay in application of initial margin requirements for non-centrally cleared derivatives
Brussels, 26/03/2020 (Agence Europe)

21 financial organisations requested on an extension of the compliance dates Thursday 26 March for initial margin requirements for non-centrally cleared derivatives to take into account the challenges faced by companies in the face of the COVID-19 pandemic.

In a letter to the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO), these organisations – including the European Banking Federation, the Association for Financial...

Contents

EUROPEAN COUNCIL
EUROPEAN PARLIAMENT PLENARY
EU RESPONSE TO COVID-19
EXTERNAL ACTION
SECURITY - DEFENCE
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS