The Capital Requirement Regulation (EU 575/2013-CRR) requires EuroCCP to disclose information to allow a Clearing Participant to determine its own funds requirement for its exposure on EuroCCP.
Accordingly, we are pleased to confirm that, as from 1 July 2014, EuroCCP will provide its Clearing Participants with the required information on a monthly basis.
Further details can be found in the memo Implementation of the Capital Requirement Regulation.
We would be grateful if you could advise us by return of the appropriate point of contact for the provision of this monthly information and look forward to hearing from you in due course.
The CRR is part of the CRD IV framework which transposes the new global standards on bank capital (commonly known as Basel III) in Europe.