Non-financial counterparty and PTD: Difference between pages

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imported>Doug Williamson
(Simplify first paragraph.)
 
imported>Doug Williamson
(Classify page.)
 
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''Regulation - EMIR.''
Payable Through Draft.


(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).
== See also ==
 
* [[Payable through draft ]]
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]]
* [[Financial counterparty]]
* [[EMIR]]
* [[NFC+]]
* [[NFC-]]
* [[Trade repository]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]

Latest revision as of 14:53, 26 June 2022

Payable Through Draft.


See also