Derivatives: ISDA Announces 2016 New York Law Variation Margin Credit Support Annex
The Energy Law
MAY 5, 2016
Initial margin requirements for other market participants will be phased in over a four-year period while variation margin requirements for other market participants take effect as of March 1, 2017. Initial margin requirements are excluded from the 2016 CSA and, if applicable, would be addressed in a separate instrument.
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