Performance & Stability
        
        How Does the Sa-Ccr Model Differentiate between Netted and Non-Netted Exposures?
        
         
        
        
          
        
        
      
        
     
        
        The SA-CCR differentiates netted and non-netted exposures through a granular calculation of replacement cost and potential future exposure.
        
        How Does the Treatment of Margined Trades Differ between CEM and SA-CCR?
        
         
        
        
          
        
        
      
        
     
        
        SA-CCR integrates margin into its core formula to reduce calculated exposure, while CEM's simpler design largely ignores collateral.
        
        What Are the Primary Data and System Challenges When Implementing the SA-CCR Framework?
        
         
        
        
          
        
        
      
        
     
        
        SA-CCR implementation challenges stem from its risk-sensitive design, demanding a unified data architecture and complex new calculation systems.
        
        What Are the Primary Operational Challenges in Implementing the SA-CCR Framework for Capital Calculation?
        
         
        
        
          
        
        
      
        
     
        
        The primary operational challenge of SA-CCR is integrating disparate data sources into a cohesive, high-fidelity computational architecture.
        
        How Does SA-CCR Impact the Capital Requirements for Different Derivative Asset Classes?
        
         
        
        
          
        
        
      
        
     
        
        SA-CCR re-architects derivative capital requirements, increasing them for equities and commodities while impacting rates and FX through specific netting rules.
        
        How Does SA-CCR Differ from the Previous Current Exposure Method?
        
         
        
        
          
        
        
      
        
     
        
        SA-CCR provides a risk-sensitive capital framework by recognizing netting and collateral, unlike the blunter Current Exposure Method.
        
        How Does SA-CCR Change the Business Case for Central Clearing?
        
         
        
        
          
        
        
      
        
     
        
        SA-CCR changes the business case for central clearing by rewarding its superior netting and margining with lower capital requirements.

 
  
  
  
  
 