Amendment Agreement relating to HKMA Risk Mitigation Standards
Amendment Agreement relating to HKMA Risk Mitigation Standards
(published April 12, 2017)
The Amendment Agreement relating to the risk mitigation standards for non-centrally cleared OTC derivatives (RMS) of the Hong Kong Monetary Authority (HKMA) allows two parties to amend the terms of their Covered Master Agreements to reflect the portfolio reconciliation and dispute resolution requirements under the RMS imposed by the HKMA.