529. Counterparties should report all relevant types of collateral (initial margin, variation margin and excess collateral), providing both pre- and post-haircut values. Each type of collateral should be reported as a single figure, being the sum of the values of all assets posted/received expressed in a single currency.

530. In the scenario below, the reporting counterparty, Counterparty J (with LEI CCCCCCCCCCCCCCCCCCCC), which is also a clearing member, uses delegated reporting services provided by Counterparty D (with LEI 11223344556677889900). It reports the amount of 1,000,000 EUR posted as initial margin and the amount of 300,000 EUR as variation margin posted to CCP O (with LEI BBBBBBBBBB1111111111). The counterparty also reports excess collateral of 100,000 EUR.

Table 81 [view table in PDF]

531. In the next scenario, two counterparties exchange collateral for an uncleared derivative. Both counterparties post IM and VM according to the collateral agreement. Counterparty A (with LEI ABCDEFGHIJKLMNOPQRST)posted 800,000 EUR of IM in cash and 220,000 EUR in securities subject to 10% haircut. Counterparty B (with LEI 12345678901234500000)posted 1,000,000 EUR of IM in cash. Counterparty B would also be expected to post 100,000 EUR of VM based on the most recent valuation of the contract, however this amount is below the minimum transfer amount (MTA) agreed between the counterparties.