| Description |
1 online resource (211 pages) : color illustrations |
| Series |
IMF country report ; no. 16/197 |
|
IMF country report ; no. 16/197.
|
| Summary |
Eurex Clearing observes the CPSS/IOSCO Principles for Financial Market Infrastructures (PFMIs). It has a sound, coherent, and transparent legal basis. Its governance arrangements and composition of Boards and management are well defined, and the Boards are adequately staffed to promote the safety and efficiency of the CCP while supporting the stability of the financial system through a conservative approach to risk appetite. It has developed a comprehensive and adequate risk management framework to address financial, business, and operational risks. The participant default rules and procedures, which are publicly available, are comprehensive and adequate. Participant assets as well as Eurex Clearing's collaterals are safely kept in regulated central securities depositories and deposited at central banks accounts. The credit and liquidity risks are minimized by settling the cash in central bank money, by having access to central bank liquidity and by keeping up to stringent requirements concerning margins and financial resources |
| Notes |
"June 2016." |
|
"Prepared by Monetary and Capital Markets Department"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF website, viewed August 1, 2016) |
| Subject |
Eurex Repo (Firm)
|
|
Asset-liability management -- Germany
|
|
Fiscal policy -- Germany
|
|
Financial risk management -- Germany
|
|
Capital market -- Germany
|
|
Asset-liability management.
|
|
Capital market.
|
|
Financial risk management.
|
|
Fiscal policy.
|
|
Germany.
|
| Form |
Electronic book
|
| Author |
International Monetary Fund, publisher.
|
|
International Monetary Fund. Monetary and Capital Markets Department, sponsoring body.
|
| ISBN |
9781475564631 |
|
1475564635 |
| ISSN |
1934-7685 |
|
