Wednesday, 22 July 2015

My life now vs my life then

22nd July 2015

REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL, Article 285, paragraph 4

"If an institution has been in involved in more than two margin call disputes on a particular netting set over the immediately preceding two quarters that have lasted longer than the applicable margin period of risk under paragraphs 2 and 3, the institution shall use a margin period of risk that is at least double the period specified in paragraphs 2 and 3 for that netting set for the subsequent two quarters."


22nd July 2009


On balance I prefer then.

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