# Article 14 — Cross-margining of correlated contracts cleared by the same CCP **Commission Delegated Regulation (EU) 2017/581 · binding · OJ L 87, 31.3.2017 · dated 24 Jun 2016 [in force]** *In force · Commission Delegated Regulation (EU) 2017/581, OJ L 87, 31.3.2017 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2017/581/oj/eng)* Where a CCP calculates margins with respect to cross-margining of correlated contracts cleared by the same CCP (portfolio margining) in accordance with [Article 41](https://www.headlesslaw.com/emir/articles/41) of Regulation (EU) No 648/2012 and Article 27 of Commission Delegated Regulation (EU) No 153/2013, the CCP shall apply its portfolio margining approach to all relevant correlated contracts irrespective of where the contracts are traded. Contracts with a significant and reliable correlation, or an equivalent statistical parameter of dependence, shall benefit from the same offsets or reductions. **CHAPTER IV — TRANSITIONAL ARRANGEMENTS AND FINAL PROVISIONS**