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Regulatory margin: Difference between revisions
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===EU=== | ===EU=== | ||
The [[regulatory technical standard]]s applying to enforceability of netting arrangements for {{tag|VM}} specifically refer to the criteria set out in Art {{crrprov|296}} of the [[Capital Requirements Regulation]] as satisfying the criteria – Art 296 as you know sets out the (Basel-dictated) standard for recognising netting for bank capital relief – i.e. this is exactly what the ISDA opinions and so on are directed at satisfying. | The [[regulatory technical standard]]s applying to enforceability of netting arrangements for {{tag|VM}} specifically refer to the criteria set out in Art {{crrprov|296}} of the [[Capital Requirements Regulation]] as satisfying the criteria – Art 296 as you know sets out the (Basel-dictated) standard for recognising netting for bank capital relief – i.e. this is exactly what the ISDA opinions and so on are directed at satisfying. | ||