{
  "url": "https://openlegislation.uk/eu-regulation-2014-484/annex-II/division-3/division-4/division-4.2",
  "json_url": "https://openlegislation.uk/eu-regulation-2014-484/annex-II/division-3/division-4/division-4.2.json",
  "legislation": "eur/2014/484",
  "legislation_title": "Commission Implementing Regulation (EU) No 484/2014 of 12 May 2014 laying down implementing technical standards with regard to the hypothetical capital of a central counterparty according to Regulation (EU) No 648/2012 of the European Parliament and of the Council (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2014-484",
  "path": "annex/II/division/3/division/4/division/4.2",
  "kind": "division",
  "number": "4.2",
  "heading": null,
  "text": "The following formats and legal references shall be taken into account for completing the templates:\nTemplate ID\nInstructions\n10\nCentral counterparty (CCP) name\nFormat\nText, any number of characters\n20\nDefault fund identifier\nLegal references\nArticle 50c(1) of Regulation (EU) No 648/2012\nInstruction\nIn accordance with Article 50c(1) where the CCP has more than one default fund, it shall report the information in the first subparagraph of that Article for each default fund separately.\nFormat\nText, any number of characters\nCalculation\nNone\n30\nCalculation date\nLegal references\nArticle 1(2) of this Regulation\nNote\nCalculation date in accordance with Article 1(2) of this Regulation depending on the required frequency.\nFormat\nYYYY-MM-DD\nFour-digit year, hyphen, two-digit month, hyphen, two-digit day\nCalculation\nNone\n40\nHypothetical capital (KCCP)\nLegal references\nArticle 50c(1)(a) of Regulation (EU) No 648/2012\nInstructions\nThe reporting currency shall be identified using ISO 4217 currency code followed by a space and the amount. Figures can be rounded with a rounding error smaller than 1 %.\nFormat\nISO-Code amount\nCalculation\nThe hypothetical capital shall be calculated as required in Article 50a(2) of Regulation (EU) No 648/2012.\n50\nSum of pre-funded contributions (DFCM)\nLegal references\nArticle 50c(1)(b) of Regulation (EU) No 648/2012.\nCalculation\nThe pre-funded contributions shall be calculated as the sum of the pre-funded contribution of clearing member as required in Article 308(2) of Regulation (EU) No 575/2013.\nInstructions\nThe reporting currency shall be identified using ISO 4217 currency code followed by a space and the amount. Figures can be rounded with a rounding error smaller than 1 %.\nFormat\nISO-Code amount\n60\nAmount of pre-funded financial resources that it is required to use before using the default fund contributions of the remaining clearing members (DFCCP)\nLegal references\nArticle 50c(1)(c) of Regulation (EU) No 648/2012\nCalculation\nThe sum of pre-funded contributions of all clearing members of the CCP shall be calculated as required in Article 308(3)(c) of Regulation (EU) No 575/2013.\nInstructions\nThe reporting currency shall be identified using ISO 4217 currency code followed by a space and the amount. Figures can be rounded with a rounding error smaller than 1 %.\nFormat\nISO-Code amount\n70\nTotal number of clearing members (N)\nLegal references\nArticle 50c(1)(d) of Regulation (EU) No 648/2012\nCalculation\nThe number of the clearing members of the CCP.\nFormat\nInteger number\n80\nConcentration factor (β)\nLegal references\nArticle 50c(1)(e) of Regulation (EU) No 648/2012\nCalculation\nThe concentration factor shall be calculated as required in Article 50d(c) of Regulation (EU) No 648/2012.\nInstructions\nThe reporting currency shall be identified using ISO 4217 currency code followed by a space and the amount. Figures can be rounded with a rounding error smaller than 1 %.\nFormat\nISO-Code amount\n90\nTotal amount of initial margin\nLegal references\nThird subparagraph of Article 89(5a) of Regulation (EU) No 648/2012.\nCalculation\nThe total initial margin received by the CCP from its clearing members shall be calculated as required in Articles 24 to 27 of the Delegated Regulation (EU) No 153/2013.\nInstructions\nThis information shall be reported only where applicable. The reporting currency shall be identified using ISO 4217 currency code followed by a space and the amount. Figures can be rounded with a rounding error smaller than 1 %.\nFormat\nISO-Code amount",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2014/484/annex/II/division/3/division/4/division/4.2",
    "retrieved_at": "2026-11-01T14:47:41.699605+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}