Regulatory Alerts2022-09-02
Joint Communication 2 of 2022 on the Expansion of Eligible Collateral Types and Regulatory Reporting Requirements
The Prudential Authority and Financial Sector Conduct Authority have published a joint discussion document proposing expanded eligible collateral types and enhanced regulatory reporting requirements for non-centrally cleared over-the-counter derivative transactions. Market participants are required to submit structured feedback using designated comment templates via email to the respective authorities by 13 October 2022. These proposals directly amend the margin requirements framework under Joint Standard 2 of 2020 to modernize collateral eligibility and streamline compliance obligations.
Share