Review of Margin Requirements for Non-Centrally Cleared Derivatives

This analytical report by the Basel Committee and IOSCO reviews the implementation of margin requirements for non-centrally cleared derivatives. It assesses the adequacy of the WGMR framework, implementation progress across jurisdictions, and key findings from quantitative impact studies. The report highlights the resilience of the financial system and the ongoing evolution of margining practices, providing insights for regulators and market participants.