NFC+ and NFC-: Difference between pages
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imported>Doug Williamson (Hyphenate non-financial & change exempted to exempt.) |
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A Non-Financial Counterparty which is | 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 | Other Non-Financial Counterparties are not exempt from these requirements under EMIR. | ||
== See also == | == See also == | ||
* [[NFC]] | * [[NFC]] | ||
* [[NFC | * [[NFC+]] | ||
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.