21 industry associations ask regulators to delay Initial Margin phase-in timeline

In response to the COVID-19 pandemic, ISDA submitted a letter on behalf of 21 industry associations and their members requesting BCBS, IOSCO and global regulators to suspend the current timeline for the initial margin phase-in to allow market participants to focus their resources on ensuring continued access to the derivatives market.

The full letter is available at https://www.isda.org/a/sM7TE/IMPhase5-6COVID-19Letter.pdf

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