All posts tagged "Clearing Members"
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299Capital RegulationSEBI to Raise Net Worth Requirements for Market Intermediaries
SEBI proposes to progressively raise the net worth requirements for trading members, clearing members and depository participants by October 2023.
October 3, 2021 -
179Market InfrastructureSGX Finalises Changes to Default Management Process
The changes align CDP’s default management process with global practices, improve efficiency, and enable speedier resolution of any clearing member default.
September 6, 2021 -
330Big PictureCCP12 Calls for Global Coordination on Basel III Timelines
Divergences of local implementation timelines could have unintended knock-on effects on certain bank and bank-affiliated clearing members.
June 1, 2021 -
564Hong KongOTC Clear to Launch RTGS Settlement Service for Members
From 30 November 2020, the new service will relieve clearing members from having to create payment instructions to settle amounts due to OTC Clear each day.
November 18, 2020 -
990Feature
Hong Kong: OTC Clear Launches Sponsored Clearing Model
Foreign banks in Hong Kong that are unable to become full clearing members can use the 'Sponsored Settlement Member' model to access central clearing via OTC Clear.
August 31, 2020 -
545InternationalCPMI-IOSCO Describes Work Needed to Improve CCP Auctions
CPMI and IOSCO have asked CCPs to address a number of issues related to default management auctions within 24 months.
June 27, 2020 -
650IndiaSEBI to End Usage of Pool Accounts for Mutual Fund Transactions
SEBI found that trading and clearing members used by mutual funds were diverting client funds and securities to meet their own or third-party margin or settlement obligations.
December 26, 2019 -
1.0KBig PictureMore CCP Capital Leads to More Prudent Risk Management – BIS Paper
For-profit CCPs have incentives that are misaligned with financial stability, typically holding less capital and requiring less from clearing members than is optimal, says a BIS working paper.
February 27, 2019 -
882InternationalISDA, FIA, IIF Respond to FSB Paper on CCP Resolution
The FSB in November consulted on the financial resources CCPs should have for resolution planning and how CCP capital should be treated in the event of resolution.
February 4, 2019 -
1.0KFeatureFIA Updates CCP Risk Management Framework After Nasdaq Member Default
The industry body has updated its 2015 framework for CCP risk management to include more robust and transparent margining and higher skin in the game.
November 29, 2018
