NFC+ and NFC-: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Added link.)
 
imported>Doug Williamson
(Hyphenate non-financial & change exempted to exempt.)
 
Line 1: Line 1:
A Non-Financial Counterparty which is not exempt under [[EMIR]] from [[central clearing]] and [[collateral]] requirements, because of the very large numbers of derivatives transactions it has outstanding.
A Non-Financial Counterparty which is exempt under [[EMIR]] from [[central clearing]] and [[collateral]] requirements, because of the relatively small numbers of derivatives transactions it has outstanding.


Other Non-Financial Counterparties are normally exempt from these requirements under EMIR.
Other Non-Financial Counterparties are not exempt from these requirements under EMIR.




== See also ==
== See also ==
* [[NFC]]
* [[NFC]]
* [[NFC-]]
* [[NFC+]]
* [[Non-financial counterparty]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 16:57, 12 November 2013

A Non-Financial Counterparty which is exempt under EMIR from central clearing and collateral requirements, because of the relatively small numbers of derivatives transactions it has outstanding.

Other Non-Financial Counterparties are not exempt from these requirements under EMIR.


See also