The document provides a classification guide under EMIR for counterparties to OTC derivatives contracts, distinguishing between Financial Counterparties (FCs) and Non-Financial Counterparties (NFCs), with further sub-categorization of NFCs into NFC+ and NFC- based on derivative transaction thresholds.
documents/vol00010-efta01369102-pdf.pdf
{"document_type":"legal","document_subtype":"regulatory classification","key_organizations":["EMIR"],"reference_numbers":["DB-SDNY-0061192","SDNY_GM_00207376","EFTA01369102"]}