EMIR: ESMA Proposes One-Day Margin Period Of Risk For CCP Client Accounts

The European Securities and Markets Authority (ESMA) has today sent its amended regulatory technical standards (RTS) under the European Market Infrastructure Regulation (EMIR) for endorsement to the European Commission. The RTS detail the margin period of risk (MPOR) for CCP client accounts, e.g. the amount of initial margins collected by a CCP. The amended RTS would allow EU-based CCPs to margin on a one-day MPOR basis.