European Union : Publication of Financial Sector Assessment Program Documentation-Detailed Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures.

This paper discusses the main findings of the Detailed Assessment of Observance of the Committee on Payment and Settlement Systems-International Organization of Securities Principles for Financial Market Infrastructures (FMIs) for the European Union. Euroclear Bank's risk framework is generally...

Cur síos iomlán

Sonraí bibleagrafaíochta
Údar corparáideach: International Monetary Fund. Monetary and Capital Markets Department
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Staff Country Reports; Country Report ; No. 2013/332
Rochtain ar líne:Full text available on IMF
Cur síos
Achoimre:This paper discusses the main findings of the Detailed Assessment of Observance of the Committee on Payment and Settlement Systems-International Organization of Securities Principles for Financial Market Infrastructures (FMIs) for the European Union. Euroclear Bank's risk framework is generally sound. Euroclear Bank should become operationally ready to fully implement plans for recovery and the orderly winding-down of operations. In anticipation of the emerging international regulatory standards and frameworks on recovery and resolution of FMIs, Euroclear Bank has developed recovery plans and plans for the orderly winding down of its operations. Important risk measures have been taken to reduce credit risk, but further improvements are needed to comply with the international standards.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Cur síos fisiciúil:1 online resource (155 pages)
Formáid:Mode of access: Internet
ISSN:1934-7685
Rochtain:Electronic access restricted to authorized BRAC University faculty, staff and students