Rundheersing Bheenick: Improving corporate governance in the financial services industry – a regulator’s view Address by Mr Rundheersing Bheenick, Governor of the Bank of Mauritius, at the Mauritius Institute of Directors’ Breakfast Forum, Ebène, 22 March 2011. *  *  *  I am a bit disappointed this morning with this breakfast event!
With such an approach, any derivative transaction or SFT by a European entity would be subject to a margin or haircut floor, irrespective of whether this transaction is with an EU or non-EU counterparty or of the centrally clearing entity used. Conclusion Let me conclude.