21 August 2017
Find out more

Each outlines CCP risk management recommendations

26 January 2010  |  1520 views  |  0 Source: Each

Each, the European Association of Central Counterparty Clearing Houses, has published its Supplementary Risk Recommendations.

This document is the result of work undertaken by EACH risk experts since the finalisation of the ESCB-CESR Recommendations and provides further guidance concerning voluntary enhancements to CCPs' risk management.

The preparing of these Recommendations demonstrates EACH's strong commitment to improving risk standards and contribute to the regulatory process at this crucial time. EACH produced the first set of agreed Risk standards in 2001, pre-dating both the CPSS-IOSCO and ESCB-CESR documents, and this text continues that leading role. Not all of these Recommendations may be relevant to all CCPs.

EACH and its members will continue to work closely with the European Commission, ESCB-CESR, CPSS-IOSCO and supervisory authorities to further refine and develop international standards and contribute to legislative proposals.

Read the document here:

» Download the document now 185.1 kb (PDF File)

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comdownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10601 views comments | 24 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
8867 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8849 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8518 views comments | 10 tweets | 7 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
8240 views comments | 18 tweets | 16 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job