Our partner, Pablo Perezalonso, along with associates Isabel Ortiz Monasterio and Alejandro Mosqueda, co-authored this article prepared for the Chambers Banking Regulation 2024 Guide, in the "Trends and Developments” section of Mexico's Chapter, in which they comprehensively explore various perspectives surrounding the Mexican Uncleared Margin Rules (UMR) while providing an in-depth examination of the present status of Circular 2/2023 issued by Banco de México. 

Navigating through the inquiries and challenges raised by market participants and international organizations, including valuable insights from the International Swaps and Derivatives Association (ISDA), our experts unravel the complexities of the UMR landscape in Mexico. Together, they anticipate and analyze emerging trends in margin regulation offering a nuanced understanding of its potential impact on the broader Mexican derivatives market. 

Key topics include:

  • Mexican Unclear(ed) Margin Rules: Benefits and Challenges 
  • Mexican law background 
  • Mexican Unclear(ed) Margin Rules: Overview and Problems 
  • Industry actions

We invite you to read the full article to learn more about this topic. 

In case you have any questions, please contact our Banking and Finance experts (see details below).