Consultation on draft revised SPM CR-G-14

Enclosure: Non-centrally Cleared OTC Derivatives Transactions – Margin and Other Risk Mitigation Standards (Consultation)

The HKMA issued a letter on 31 December 2020 to consult the industry on the draft text of the rules on contractual stays on termination rights in financial contracts for authorized institutions to be made under the Financial Institutions (Resolution) Ordinance. Consultation on revised SPM module CR-G-14 "Non-centrally Cleared OTC Derivatives Transactions - Margin and Other Risk Mitigation Standards