SA-CCR switch clouded by confusion over netting sets

An effort by US regulators to incentivise the switch to SA-CCR may be having the opposite effect

Hole in net

US banking regulators have been asked to clarify whether certain client cleared trades can be included in netting sets under the standardised approach to counterparty credit risk (SA-CCR). The answer could shift the calculus of banks that are currently weighing whether to adopt the regime early.

The confusion centres on last-minute changes to the US version of SA-CCR. The final rule adopted in January allows cleared transactions that are settled-to-market (STM) to be included in the same

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: