Amendment: Risk management timing for collateral exchange (Reg 2016/2251)

This regulation updates the technical standards for how financial institutions manage risks when exchanging collateral. It specifically adjusts the timing for when certain risk management procedures must be implemented to ensure financial stability and a smoother transition for market participants.

This affects financial institutions, investment firms, and stock exchanges involved in securities lending and collateral swaps. It clarifies the deadlines for applying specific risk controls.