Regulatory Alerts2021-01-08
Added · Updated
IFR/IFD – Permission to use K-CMG
Investment firms may apply for permission to use the K-factor Clearing Margin Given (K-CMG) to calculate capital requirements for Risk-to-Market positions subject to clearing. Applicants must submit specific documentation, including organizational charts, statements confirming clearing member status, and comparative analyses between K-NPR and K-CMG methodologies. Once granted, firms must notify the regulator of any changes to trading desk strategies, margin models, or capital requirements exceeding defined thresholds.
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