SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION

Secondary

financial-advice

Joint Standard 2 of 2020 – Margin Requirements for non-centrally cleared OTC derivative transactions

The Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA), acting with the concurrence of the South African Reserve Bank, recently published a Joint Standard which prescribes margin requirements for non-centrally cleared OTC derivative transactions.

The Joint Standard applies to a provider entering into non-centrally cleared OTC derivative transactions with a counterparty or a foreign counterparty.

Click here to download the Joint Standard that focuses on the application and exclusions.

, , ,

Comments are closed.