All posts tagged "Clearing Members"
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415IndiaSEBI Extends Timeline for Brokers to Segregate Client Collateral
The implementation timeline for the new framework on client collateral segregation and monitoring has been extended to 2 May 2022.
March 7, 2022 -
591ESG / SustainabilityESMA Consults on Climate Risk Stress Testing Approach for CCPs
ESMA has identified four elements of climate risk that may adversely impact CCPs - physical risk, rapid transition risk, business risk, and collateral replacement risk.
March 2, 2022 -
416Capital / Liquidity
SEBI 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 -
260Market 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 -
431Big 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 -
616Hong 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 -
1.1KFeature
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 -
591InternationalCPMI-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 -
712IndiaSEBI 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 -
1.1KBig 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
