IIF Authors

Status: Will be live at 10/31/2016 00:00

Response - CPMI/IOSCO Consultation on Resilience and Recovery of CCPs

Monday, October 31, 2016

CPMI/IOSCO are not intending to create additional standards for CCPs but aim to provide greater clarity and detail about how they expect CCPs to implement the Principles on Financial Market Infrastructures (PFMI). The Joint Associations have provided details on the industry's position on the regulators' proposals in relation to CCP governance, stress-testing, coverage of exposures, margin systems, CCP contribution to losses and recovery plans and strategies.'