December 10, 2013
In order to facilitate the introduction of final BCBS-IOSCO guidelines for margin requirements for non-centrally cleared derivatives, ISDA is proposing a standard initial margin model (SIMM) which could be used by market participants. A common methodology would have several key benefits to the market, such as permitting timely and transparent dispute resolution and allowing consistent regulatory governance and oversight. This whitepaper discusses the model.
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