ESMA: CCPs should disclose their margin models

The European Securities and Markets Authority (ESMA) on Monday issued a consultation on draft guidelines that would oblige central counterparties (CCPs) to disclose “parameters and information” on the way they calculate margin requirements for trades.

  • By Costas Mourselas
  • 08 Jan 2018
The look-back and liquidation periods which help calculate appropriate levels of margin that would be disclosed by CCPs under the new rules, which are to be observed by European national competent authorities. Information on “the approach for any adjustments or add-ons” made to quantitative models would also be ...

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