Grexit and Non-financial counterparty: Difference between pages
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''Regulation - EMIR.'' | |||
(NFC). | |||
A non-financial counterparty is a counterparty that does not fall under the financial counterparty banner, and is not a central counterparty (CCP) or a trade repository (TR). | |||
A NFC can be further classified as an NFC+ which is an NFC which exceeds the clearing thresholds set out under EMIR. | |||
A NFC may be exempt under EMIR from central clearing and collateral requirements, depending on the numbers of derivatives transactions they have outstanding. | |||
==See also== | |||
* [[Central counterparty]] | |||
* [[Counterparty]] | |||
* [[EMIR]] | |||
* [[Financial]] | |||
* [[Financial counterparty]] | |||
* [[NFC+]] | |||
* [[NFC-]] | |||
* [[Non-financial corporate]] | |||
* [[Trade repository]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category: | |||
Latest revision as of 22:47, 11 March 2023
Regulation - EMIR.
(NFC).
A non-financial counterparty is a counterparty that does not fall under the financial counterparty banner, and is not a central counterparty (CCP) or a trade repository (TR).
A NFC can be further classified as an NFC+ which is an NFC which exceeds the clearing thresholds set out under EMIR.
A NFC may be exempt under EMIR from central clearing and collateral requirements, depending on the numbers of derivatives transactions they have outstanding.
