What is SCCL ? 

• SCCL stands for Single Counterparty Credit Limit
• It is a regulation initiated by the FED in the US ( US Regulator )
• The purpose of this regulation is to prevent excessive credit exposures of large banking organizations to a single counterparty
• SCCL requires daily reporting, breaches need to be escalated to senior management ,  and requires real time limit management and utilization numbers.
• Fed reporting for SCCL is done using a Fed template

Good Reference Material on SCCL : 

• From PWC – Counterparty Credit Limits
• From EY – SCCL