The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

EACH Publishes CCP Risk Management Recommendations

Share article

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.

Related content

WEBINAR

Recorded Webinar: Adopting Entity Data Hierarchies to Address Holistic Risk Management

Firms across the board are struggling to gain a comprehensive view of their counterparty risk. In the wake of the Credit Crisis, regulators have increased their focus on pushing firms to not only better understand risk exposure, but also be able to provide evidence of the analysis they use to create their view of risk....

BLOG

Join Next Week’s RegTech Summit Virtual to Discuss Regulation Post-Covid, the Brexit Regime and Ongoing Challenges of KYC and AML

The coronavirus pandemic has changed the way we work and it is becoming increasingly clear that the business environment will be irrevocably changed by the 2020 experience. Remote engagement has become more important than ever, and agility and versatility have become valuable characteristics in this new normal. At the same time, regulatory oversight is becoming...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...