Key Points:

  • Amendments to the Financial Collateral Arrangements Regulations came into effect in England on
    6 April 2011.
  • The Regulations ease formalities and aid enforcement for qualifying arrangements by which
    financial collateral such as cash or securities is provided.
  • The amendments seek to widen the scope of the Regulations and clarify issues surrounding their
    application and operation.
  • Despite the amendments, there are still some areas where uncertainty persists.

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