Question ID
2022_6382
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Credit risk
Article
279
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
n.a.
Type of submitter
Individual
Subject matter
SACCR - MPOR for derivatives between a clearing member and a CCP
Question

Which is the MPOR that should be considered for derivatives between a clearing member and a CCP?

Background on the question

According to article 279 quarter b of Regulation (EU) 2019/876, a MPOR of 5 days can be considered for derivatives between a client and a clearing member.

This article does not specify differential treatment for transactions between a clearing member and a CCP. However, in consistency with article 279 quarter b, it seems to be able to apply a MPOR of 5 days in this type of derivatives.

Please, can you confirm that this treatment is correct or should be applied a MPOR of 10 day corresponding to derivatives with daily collateral?

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is already explained or addressed in the regulatory framework. In particular, please see Article 279c(1)(b) of Regulation (EU) No 575/2013 (CRR).

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”

Status
Rejected question