https://www.taxtmi.com/news?id=16115 Margin requirements mandate bilateral exchange of variation margin at least daily to collateralise current exposure, and, subject to consolidated group thresholds and phased implementation, bilateral gross initial margin to cover potential future exposure. Initial margin may be computed via a prescribed standardised schedule by asset class or by RBI approved risk models subject to governance, stress calibration and a regulatory floor; eligible collateral is limited to cash, central/state government securities and investment grade corporate bonds with prescribed haircuts. Initial margin must be legally protected against commingling and rehypothecation, while variation margin may be reused. en-us Tue, 03 May 2016 15:55:37 +0530 Tue, 03 May 2016 15:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16115 Margin requirements mandate bilateral exchange of variation margin at least daily to collateralise current exposure, and, subject to consolidated group thresholds and phased implementation, bilateral gross initial margin to cover potential future exposure. Initial margin may be computed via a prescribed standardised schedule by asset class or by RBI approved risk models subject to governance, stress calibration and a regulatory floor; eligible collateral is limited to cash, central/state government securities and investment grade corporate bonds with prescribed haircuts. Initial margin must be legally protected against commingling and rehypothecation, while variation margin may be reused. News - Tue, 03 May 2016 15:55:37 +0530 https://www.taxtmi.com/news?id=16115