PRU A4.6.33
The Authorised Person must calculate the MFi of margined transactions in accordance with the following formula:
The appropriate margin period of risk (MPORi) is determined in accordance with the following table:
| Transaction Type | Minimum Margin Period of Risk (MPORi) |
| Non-centrally-cleared derivative transactions subject to daily margin agreements | Ten business days |
| Centrally cleared derivative transactions subject to daily margin agreements | Five business days |
| Netting sets consisting of 5,000 or more transactions that are not with a central counterparty | Twenty business days |
| Netting sets with outstanding disputes | Double the MPORi for the relevant category of transaction |