PIB A4.9.8
1) An Authorised Firm shall determine the Exposure value for clearing Exposures to non-qualifying CCPs as the amount in the table below:
| Type of Clearing Exposure | Exposure Amount |
| Segregated initial margin | Nil |
| Non-segregated initial margin | Nominal amount of initial margin posted |
| Pre-funded default fund contributions | Nominal amount of the funded contribution |
| Unfunded default fund contributions | Nil |
| Equity stakes | Nominal amount |
(2) For the purposes of (1), a “non-qualifying CCP” is a CCP that does not meet the criteria set out in the definition of a Qualifying CCP in PIB Rule 1.2.1.
Derived from DFSA RMI293/2021 (Made 24th February 2021). [VER38/04-21]