SIFMA Global SmartBrief | 09/14/2009 Until now, foreign financial institutions have been able to structure derivatives deals with China's banks without posting collateral. Bank of China, China Construction Bank, Industrial and Commercial Bank of China and other major banks have started demanding that such deals be collateralised. The changes are partially spurred by a push from domestic regulators that warned banks of their exposure. Last month, a Chinese regulator called on banks to bolster their risk management in derivatives transactions. IFR Asia
