2026-06-08

Added · Updated

Deemed Comparable Jurisdictions under SPM CR-G-14 for OTC Derivatives Margining

The Hong Kong Monetary Authority issued a closed consultation letter to the Hong Kong Association of Banks outlining the jurisdictions deemed comparable for margin requirements under Supervisory Policy Manual CR-G-14. This guidance specifies which foreign regulatory frameworks satisfy the equivalence criteria for non-centrally cleared over-the-counter derivatives, thereby determining where banks may apply alternative margining and risk-mitigation techniques. Financial institutions must update their collateral management and margining processes to reflect these designated jurisdictions ahead of the June 2026 compliance timeline.

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