Latest articles from Philip Slavin

Philip Slavin

UMR phase 6: Margin mayhem begins unless dispute resolution is reformed

To quote a former Prime Minister, the final phase of the Uncleared Margin Rules (UMR) is “not the end, it is not even the beginning of the end, but it is, perhaps, the end of the beginning”. The sixth and final phase of UMR has been well telegraphed and firms falling within scope are frantically making final preparations to be compliant.