ISDA SIMM v2.5 is effective December 3, 2022Updated with a full re-calibration and industry backtestingMeaning Initial Margin will change for most portfoliosIn particular, material increases for Commodity...
Last week the EBA published a consultation paper on its  its draft Regulatory Technical Standards (RTS) on Initial Margin Model Validation (IMMV) under the European Markets Infrastructure Regulation (EMIR). This is an important and long awaited publication, particularly for the hundreds of firms in the EU that are complying with UMR IM requirements as of Sep 2021 […]