Tag: Porting
Navigating the Minefield of EMIR Segregation
Introduction Here is a link to an interesting article in Risk Magazine dealing with the issue of segregation under EMIR. Article 39 of EMIR (“Segregation and Porting”) requires a central counterparty (“CCP”) to keep separate records and accounts that will enable it to distinguish the assets and positions of: one clearing member (“CM”) from those […]
Update on Client Money
On 25 January 2013, the FSA published Policy Development Update Number 155 detailing forthcoming publications from the FSA on a wide range of issues. Among the client money related updates to be expected during the course of 2013 are: Policy Statement relating to Part 2 of CP12/22, introducing the concept of multiple client money pools within the CASS […]