Technical amendments - Minimum haircut floors for securities financing transactions

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This version

BCBS  | 
01 July 2021
Status:  Consolidated
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 |  4 pages

This document sets out two technical amendments to the standard on minimum haircut floors for securities financing transactions (SFTs). The technical amendments address an interpretative issue relating to collateral upgrade transactions and correct for a misstatement of the formula used to calculate haircut floors for netting sets of STFs. The amendments were published for consultation in January 2021 and have been finalised as originally proposed.

Technical amendments are defined as changes in standards that are not substantial in nature but that cannot be unambiguously resolved based on the current text.