01915cas a2200241 a 4500 AALejournalIMF014026 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475569711 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Italy : Technical Note on Financial Risk Management and Supervision of Cassa Di Compensazione e Garanzia S.P.A. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (37 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/351 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/351/002.2013.issue-351-en.xml IMF e-Library