N.Y. Comp. Codes R. & Regs. tit. 3 § 117.5
Current through Register Vol. 46, No. 53, December 31, 2024
In computing its credit exposures arising from derivative transactions, a bank need not include credit exposures to a qualifying central counterparty that has been designated by the Financial Stability Oversight Council as a financial market utility that is, or is likely to become, systemically important.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 117.5