For UMR firms who are above the average notional threshold but potentially beneath the 50mm IM threshold on a relationship, can scale down their compliance plans. But, knowing the amount of IM needs work and managing the IM amount isn’t simple.

• How can firms use the $50m/€50m threshold to reduce their UMR compliance approach?
• How should a firm determine the IM threshold amount both for themselves and their counterparties?
• What are the consequences of going over the 50mm threshold?
• How should a firm organise themselves to monitor and manage their approach to the 50m threshold?
• What options are available to firms to reduce their IM?