Non-financial counterparty: Difference between revisions

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(Amwelladmin moved page Non-financial counterparty to NFC)
 
(Removed redirect to NFC)
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#REDIRECT [[NFC]]
{{a|emir|}}An [[NFC]] is that fellow who is not, in [[ESMA]]’s eyes, a [[financial counterparty]]. Relevant for determining [[Clearing thresholds - EMIR|clearing thresholds]] (and by extension [[variation margin]] thresholds) whereupon you must inspect your [[NFC]]’s bona fides to determine whether it is an [[NFC+]] or an [[NFC-]] (the latter being he who is not, in [[ESMA]]’s eyes, an [[NFC+]].

Revision as of 09:07, 30 August 2022


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An NFC is that fellow who is not, in ESMA’s eyes, a financial counterparty. Relevant for determining clearing thresholds (and by extension variation margin thresholds) whereupon you must inspect your NFC’s bona fides to determine whether it is an NFC+ or an NFC- (the latter being he who is not, in ESMA’s eyes, an NFC+.