BCBS – proposes amendments to rules on haircut floors for securities financing transactions

January 26, 2021

Technical Amendments

Amendments aimed to address the interpretive issues regarding collateral upgrade transactions, correct a misstatement of the formula applied to netting sets of STFs.

Amendments both relate to chapter CRE56 of the consolidated Basel framework which set out a formula for calculation of portfolio haircut floor for a netting set of SFTs.

Effectiveness

Responses to the consultation are requested by March 31, 2021.

For more information, visit www.bis.org.

Discover More Regulatory Insights

Visit the AxiomSL resource center for recent Regulatory Changes for financial institutions, InsideView Blog, and Thought Leadership.



We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept