Italy : Technical Note on Financial Risk Management and Supervision of Cassa Di Compensazione e Garanzia S.P.A.

This Technical Note analyzes financial risk management and supervision of Cassa Di Compensazione e Garanzia S.P.A. (CC and G) in Italy. CC and G, the Italian central counterparty (CCP), is systemically important for the Italian market, and through the link with the French CCP, it is also relevant in...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Staff Country Reports; Country Report ; No. 2013/351
Online Access:Full text available on IMF
LEADER 01915cas a2200241 a 4500
001 AALejournalIMF014026
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475569711 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund.  |b Monetary and Capital Markets Department. 
245 1 0 |a Italy :   |b Technical Note on Financial Risk Management and Supervision of Cassa Di Compensazione e Garanzia S.P.A. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (37 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Technical Note analyzes financial risk management and supervision of Cassa Di Compensazione e Garanzia S.P.A. (CC and G) in Italy. CC and G, the Italian central counterparty (CCP), is systemically important for the Italian market, and through the link with the French CCP, it is also relevant in terms of cross-border financial stability. CC and G's financial risk management framework is being improved further to comply with European Market Infrastructure Regulation (EMIR) requirements. The main changes that CC and G needs to implement include higher 'skin in the game' resources, the introduction of concentration limits on collateral, the reform of its liquidity management and of its investment policy, and introduction of individual client account segregation. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2013/351 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2013/351/002.2013.issue-351-en.xml  |z IMF e-Library