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Non-financial counterparty: Difference between revisions
Removed redirect to NFC
Amwelladmin (talk | contribs) (Amwelladmin moved page Non-financial counterparty to NFC) |
Amwelladmin (talk | contribs) (Removed redirect to NFC) Tag: Removed redirect |
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{{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+]]. | |||