Version date: 23 October 2023 - onwards
5.3.3 Reporting of margin update at an individual transaction level for an uncleared derivative (para. 551)
551. 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 12345678901234500000) posted 800,000 EUR of IM in cash and 220,000 EUR of IM in securities subject to 10% haircut. Counterparty B (with LEI ABCDEFGHIJKLMNOPQRST ) 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.