Non-disclosure agreement 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 == | ==See also== | ||
* [[ | * [[Central counterparty]] | ||
* [[ | * [[Financial counterparty]] | ||
* [[ | * [[EMIR]] | ||
* [[ | * [[NFC+]] | ||
* [[NFC-]] | |||
* [[Trade repository]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 08:37, 9 November 2018
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.
