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

This regulation updates the dates for when certain risk management procedures must be applied to the exchange of collateral. It ensures that financial institutions have a clear and coordinated timeline to implement technical standards designed to reduce systemic risk in securities markets.

This affects financial institutions, investment firms, and central counterparties involved in collateral exchange, requiring them to align their operational risk management with the new deadlines.