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Financial Markets Act, 2012 (Act No. 19 of 2012)

Regulations

Financial Markets Act Regulations

Chapter VI : Central Counterparties

27. Capital calculation requirements for credit risk

27.4 Exposures to non-qualifying central counterparties

 

A central counterparty must apply in respect of its trade exposure to a non-qualifying central counterparty, based on the relevant type or category of counterparty credit exposure, the relevant requirements in these Regulations for the standardised approach for the measurement of its exposure to credit risk.