The swaps proposal issued by banking regulators on April 12 would raise a host of new issues for derivatives end users and their bank counterparties, including the need for companies to monitor their derivatives positions more closely and ensure they’re able to post cash or collateral to handle unexpected events. The proposal could also lead to companies’ having to manage more counterparty relationships, which would also be a concern for banks.

“Every treasurer must maintain sufficient credit to meet future demands,” says Tom Deas, treasurer at chemical company FMC in Philadelphia and president of the National Association of Corporate Treasurers (NACT).

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