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...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. Monetary and Capital Markets Department
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2013/351
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص: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.
وصف المادة:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
وصف مادي:1 online resource (37 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students