Title Transfer Collateral Arrangements – European and US rules
Title Transfer Collateral Arrangements (TTCA) are executed between parties engaged in bilateral securities lending, bilateral repo or bilateral derivatives. While these arrangements are not new, having been enshrined in regulation as far back as 2002, they are gaining more prominence for two reasons: MiFID II reporting and transparency requirements, and Basel III capital reserve requirements. This content requires registration. Get access today by signing up here.