QCCP
Qualifying central counterparty (QCCP) means a central counterparty that: (1) (i) Is a designated financial market utility (FMU) under Title VIII of the Dodd-Frank Act; (ii) If not located in the United States, is regulated and supervised in a manner equivalent to a designated FMU; or (iii) Meets the following standards: (A) The central counterparty requires all parties to contracts cleared by the counterparty to be fully collateralized on a daily basis; (B) The Board-regulated institution demonstrates to the satisfaction of the Board that the central counterparty: