Joint Trade Association Letter On The Use Of EEA UCITS As Collateral In UK Rules On Collateralization

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.

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

•  Joint Association Letter on the use of EEA UCITS as Collateral(pdf)