The implementation of the US and EMIR regulatory initial margin (IM) requirements for uncleared swaps will concern increasing numbers of investment managers and buy-side firms over the next 12 – 18 months. Investment managers and buy-side firms should begin to consider processes to determine whether any of their accounts are in-scope for the September 2020 implementation date. For those investment vehicles that are in scope, compliance with the IM requirements will take significant time, preparation and effort to make sure that appropriate systems, processes and documentation are in place.

This one-hour webinar will provide delegates with an overview of the US and EMIR IM regulatory requirements, including discussion of how the amount of IM is determined, potential implications of IM requirements on liquidity and returns, and a special focus on how “material swaps exposure” must be determined in order to assess whether a fund or account is in-scope. It will also provide delegates with an understanding of the documentation that may be required to comply, including IM credit support documentation and custodial arrangements related to segregated IM accounts.

This webinar is a joint collaboration of Seward & Kissel and Simmons & Simmons. The presentation will be given by Miki Navazio, partner in Seward & Kissel’s Corporate Finance Practice and chair of Seward’s Derivatives and Trading Practice Group, and Allan Yip, partner and head of Simmons and Simmons’ Financial Services Derivatives and Trading Practice Group.

Registration

To register for the event, please click here.

CLE Information

Participants in this webinar are eligible for 1 New York CLE credit in Professional Practice. Participants seeking credit are required to complete and return an Attorney Affirmation with course codes and a Participant Critique at the conclusion of the webinar.

Questions/Contact

If you have any questions, please feel free to contact either Andrew Scott (scott@sewkis.com) or Royce Akiva (akiva@sewkis.com).