Paper on Treatment of Banking Organization Contributions to a QCCP Default Fund

On July 14, ISDA, FIA and the Securities Industry and Financial Markets Association (SIFMA) have published a discussion paper that addresses the current treatment under the US regulatory capital rules of banking organization contributions to a qualifying central counterparty (QCCP) default fund and proposes potential targeted changes to the US regulatory capital rules applicable to default fund contributions to more appropriately reflect the economics and risk offsets of QCCP cross-margining arrangements.

Documents (1) for Paper on Treatment of Banking Organization Contributions to a QCCP Default Fund

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