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Joint Trade Association Letter on the use of EEA UCITS as Collateral in UK rules on Collateralization

Public Policy
Europe April 19, 2021
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On April 19, 2021, ISDA, the Alternative Investment Management Association, Investment Company Institute, the Institutional Money Market Funds Association and SIFMA’s Asset Management Group sent a letter to the Bank of England, Financial Conduct Authority and HM Treasury to ask them to permit EEA UCITS to be used as collateral in their non-cleared derivatives business. Under the current rules, UK UCITS would be the only UCITS eligible under UK rules after March 2022.

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Documents (1) for Joint Trade Association Letter on the use of EEA UCITS as Collateral in UK rules on Collateralization

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