Annex - Chart Pack from the 2019 Credit Risk Benchmarking Exercise.pdf
Annex - Chart Pack from the 2019 Credit Risk Benchmarking Exercise
Annex - Chart Pack from the 2019 Credit Risk Benchmarking Exercise
The European Supervisory Authorities (ESAs) published today joint draft Regulatory Technical Standards (RTS) to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. BothRTS and the statement were developed to facilitate further international consistency in the implementation of the global framework agreed by the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO).