The International Organisation of Securities Commission and the Basel Committee have issued this Consultation Paper which sets out high-level principles on margining practices and treatment of collateral, and proposes margin requirements for non-centrally-cleared derivatives.

The Basel Committee and IOSCO would like to solicit feedback from the public on questions related to the scope, feasibility and impact of the margin requirements. Comments on the proposed rules should be submitted by Friday, 28 September 2012.