Exchange of margins for non-cleared OTC derivative contracts
01/01/2017
On 4 October 2016 ESMA published a delegated regulation supplementing EMIR with regulatory technical standards on risk mitigation techniques for OTC derivative contracts not cleared by a central counterparty.
On 4 October 2016 ESMA published a delegated regulation supplementing EMIR with regulatory technical standards on risk mitigation techniques for OTC derivative contracts not cleared by a central counterparty. The delegated act addresses:
- risk management procedures, in particular collateral levels and types as well as segregation arrangements;
- the procedures for counterparties and the relevant competent authorities to be followed when applying exemptions for intragroup OTC derivatives;
- and the conditions to be met by counterparties in the same group to benefit from these exemptions.
Ti è piaciuto questo articolo ?
+1