http://blog.numerix.com | Serguei Issakov breaks down the final ruling for calculating counterparty credit risk capital. He also addresses KVA and the role of MVA.

NumerixDerivativesFinancecounterpary credit riskCCRregulatory capitalCVA capital chargeBasel IIIcredit valuation adjustmentMVAmargin variation adjustmentinitial marginvariation marginKVACapital valuation adjustmentquantitative reserachIMMinternal model methodOTC derivativesderivativesmarket risk