12 January, 2017
On 6 December 2016, the Monetary Authority of Singapore ("MAS") published its "Guidelines on Margin Requirements for Non-Centrally Cleared OTC Derivatives Contracts" (the "Margin Guidelines "), which sets out the margin requirements for non-centrally cleared OTC derivatives ("uncleared derivatives ").
This follows the consultation paper (the "Consultation Paper ") issued by MAS on 1 October 2015 entitled "Policy Consultation on Margin Requirements for Non-Centrally Cleared OTC Derivatives" on which see our client bulletin of October 2015 for more information.
MAS also published its response to the feedback received on the Consultation Paper on the same day.
Please click here for a summary of the key aspects of the Margin Guidelines.
For further information, please contact:
Jacqueline Low, Consultant, Linklaters
jacqueline.low@linklaters.com
