CFTC Adopts Margin Amendments to Material Swaps Exposure (MSE) Measurement Dates and Minimum Transfer Amounts (MTAs) | Practical Law
The CFTC adopted amendments to the definition of "material swap exposure" under CFTC margin rules for uncleared swaps in order to align certain measurement dates and initial margin (IM) calculations with global BCBS/IOSCO rules. The amendments also permit use of counterparty IM calculations and address issues relating to uncleared swap margin minimum transfer amounts (MTAs).