The document outlines the CFTC Initial Margin Segregation Regulations published in November 2013, which require swap dealers and major swap participants to notify counterparties of their right to require segregation of initial margin for uncleared swap transactions. It details the compliance dates, rights of counterparties, acceptable custodians, costs, and actions required by counterparties. It also discusses the implications of electing or not electing IM segregation and the annual notification requirement.
documents/vol00010-efta01462932-pdf.pdf
{"title":"CFTC Initial Margin Segregation Fact Sheet","key_people":["Chief Risk Officer","Chief Executive Officer"],"document_date":"April 2014","document_type":"correspondence","document_subtype":"fact sheet","key_organizations":["CFTC","Deutsche Bank AG","Deutsche Bank Trust Company Americas","State Street and Trust Company"],"reference_numbers":["EFTA01462932","EFTA01462933","EFTA01462934","EFTA01462935"]}