[15] Basel Committee on Banking Supervision and International Organization of Securities Commissions. Margin  Requirements for Non-centrally Cleared Derivatives, March 2015. [16] Committee on Payments and Market Infrastructure and International Organization of Securities Commissions,  Principles for Financial Market Infrastructures, April 2012. [17]See  ECB response to the European Commission’s consultation on the review of the European Market Infrastructure Regulation (EMIR), September 2015.
[18] Battistini, N., M. Grill, P. Marmara and K. van der Veer (2016), A case for macroprudential margins and haircuts,  Special Feature A in ECB Financial Stability Review, May, 110–119. [19] Brumm, J., M. Grill, F. Kubler and K. Schmedders (2015), Margin regulation and volatility, Journal of Monetary  Economics 75, 54–68.