BIS: Frequently asked questions on the Basel III leverage ratio framework
07 Oct 2014 (UPDATED: 13 Mar 2026)
International
1 min read
This document sets out FAQs with regard to: the recognition of cash variation margin; client-clearing of affiliated entities’ trade exposures ; netting of securities financing transactions; netting under the Basel III leverage ratio framework for derivatives and SFTs in the presence of cross-product netting agreements and the meaning of a negative change in fair value.
For more information